Bread Financial™ to Provide Consumer Credit Program for Top Technology Company
27 Julho 2023 - 7:55AM
Business Wire
Bread Financial (NYSE: BFH), a tech-forward financial services
company that provides simple, flexible payment, lending and saving
solutions, today announced it has signed an agreement to provide a
suite of payment solutions, including a private label credit
program, for Dell Technologies, which provides the industry’s
broadest and most innovative technology and services portfolio.
Bread Financial also signed a definitive agreement to acquire
Dell’s existing consumer credit portfolio. The transaction is
expected to close in early Q4 2023, subject to customary closing
conditions. The new relationship will expand the suite of payment
options for Dell’s consumer customers.
Expected to launch in Q4 2023, the Dell Pay program will
offer six and 12-month special financing on products and services
for Dell consumers, while providing a consistent and frictionless
journey. Using capabilities from Bread Financial’s Enhanced Digital
Suite, Dell customers can seamlessly apply for and, if approved,
immediately begin using their account for Dell products and
support.
“This announcement reflects our expansion in the consumer
technology market,” said Val Greer, chief commercial officer, Bread
Financial. "Through our comprehensive suite of payment products and
tech-forward capabilities, Bread Financial will empower Dell
customers with financial flexibility and deliver best-in-class
experiences.”
About Bread FinancialTM
Bread FinancialTM (NYSE: BFH) is a tech-forward
financial services company providing simple, personalized payment,
lending and saving solutions. The company creates opportunities for
its customers and partners through digitally enabled choices that
offer ease, empowerment, financial flexibility and exceptional
customer experiences. Driven by a digital-first approach, data
insights and white-label technology, Bread Financial delivers
growth for its partners through a comprehensive suite of payment
solutions that includes private label and co-brand credit cards and
Bread Pay™ buy now, pay later products. Bread Financial also
offers direct-to-consumer products that give customers more access,
choice and freedom through its branded Bread
CashbackTM American Express® Credit
Card and Bread SavingsTM products.
Headquartered in Columbus, Ohio, Bread Financial is powered by
its 7,500+ global associates and is committed to sustainable
business practices. To learn more about Bread Financial, visit
BreadFinancial.com or follow us on Facebook,
LinkedIn, Twitter and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20230727571807/en/
Rachel Stultz – Media Bread Financial
Rachel.Stultz@BreadFinancial.com
Bread Financial (NYSE:BFH)
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