Memos

REVOLVE Selects Flex Pay to Offer Customers Flexible Financing Options

We’re excited to announce that REVOLVE Group, Inc. (NYSE: RVLV), one of the world’s leading fashion retailers for Millennial and Gen Z consumers, has chosen Flex Pay, Upgrade’s Buy Now, Pay Later (BNPL) solution, to offer flexible payment options to shoppers across its platform. The partnership gives REVOLVE customers access to higher loan amounts and longer repayment terms, making it easier to shop for the pieces they want on a timeline that works for them. Flex Pay will also be available at select REVOLVE retail locations.

“Our customers expect flexibility and we’re always looking for ways to give them more of it,” said Mike Karanikolas, Co-Founder & Co-CEO, REVOLVE Group Inc. “Flex Pay expands what we’re able to offer at checkout—giving shoppers a greater range of payment options so they can shop with confidence and pay in a way that supports their goals.”

Flex Pay is integrated directly into REVOLVE’s checkout, offering a frictionless experience for shoppers. Customers can apply at checkout, receive a quick decision, and choose from a range of monthly payment plans from 3 to 60 months. Flex Pay is designed to meet shoppers where they are—whether they’re financing an everyday purchase or a larger one.

“REVOLVE's customers are passionate, high-intent shoppers, and they deserve financing options that can fully support their shopping preferences,” said Mary Zoumas, Senior Vice President, Sales and Business Development, Flex Pay.  “Flex Pay gives access to higher loan amounts and longer repayment terms - more flexibility to shop the way they want to. We're proud to bring that to the REVOLVE platform.”

About Flex Pay

Flex Pay is a Buy Now, Pay Later solution offered by Upgrade, Inc. Upgrade is a financial technology company that offers affordable and responsible credit, mobile banking, and payment products to mainstream consumers. Since its inception in 2017, Upgrade has delivered over $50 billion in credit to over 8 million customers. Upgrade's platform includes six core products: Mobile Banking, BNPL, Personal Loans, Credit Cards, Home Improvement Financing and Auto Financing. 

Upgrade is headquartered in San Francisco, California, with an operations center in Phoenix, Arizona, a technology center in Montreal, Canada, and regional offices in Wilmington, Delaware, Atlanta, Georgia, New York City, New York, and Irvine, California. More information is available at: https://www.upgrade.com and https://www.upgrade.com/en-ca/flex-pay/ 

Loans made through Flex Pay by Upgrade are offered by these lending partners: upgrade.com/flex-pay/lenders. upgrade.com/flex-pay/privacy. upgrade.com/flex-pay/terms.

About REVOLVE Group, Inc.

REVOLVE Group, Inc. (NYSE: RVLV) is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted premium lifestyle brand and a go-to online source for discovery and inspiration, REVOLVE delivers an engaging customer experience from a vast, yet curated, offering of apparel, footwear, accessories, and beauty styles. Founded in 2003 and headquartered in Los Angeles, REVOLVE connects millions of consumers with a community of global fashion influencers and more than 1,600 emerging, established, and owned brands. For more information, visit revolve.com.