Think Finance Announces Expansion of Presta Product Line in Time for Holiday Season

Home Appliances and Jewelry in Addition to Consumer Electronics

FORT WORTH, Texas--(BUSINESS WIRE)--Just in time for holiday shopping, Think Finance, a developer of next-generation online financial products, today announced that it has expanded the variety of products offered by Presta, the company’s innovative online retailer that offers customers the option to lease-purchase some of today’s most popular products.

“Today’s consumers are demanding innovative solutions to help manage their personal finances”

Presta now offers customers an assortment of high-quality jewelry and housewares including food processors, espresso makers and convection ovens. The site has also added electronics accessories like cases, chargers and game packs to complement its selection of top flight consumer electronics, which include laptops, flat screen TVs, video game systems and the new, third generation iPad.

“Today’s consumers are demanding innovative solutions to help manage their personal finances,” said Ken Rees, CEO, Think Finance. “With its flexible and affordable payment options, Presta has been very well-received and we are pleased to expand the product line to accommodate more consumers looking for high quality home appliances, jewelry and electronics. As the popularity of layaway demonstrates, consumers are especially in need of payment options during the holiday shopping season.”

Presta’s innovative lease-purchase agreement allows customers to order products for immediate delivery without paying the entire cost of the product up front. Customers using the lease-purchase option make fixed payments with a credit, debit or pre-paid card and own products outright after a year. The lease-purchase agreement also offers the flexibility to return products any time after three months with no penalty, or pay products off early at a discount.

For more information, and to see in which states Presta is available, please visit www.presta.com.

About Think Finance

Think Finance is a leading developer of next-generation financial products for underbanked consumers. The company’s products provide increased convenience, transparency and value to the millions of consumers whose needs are not being met by traditional banking products. Think Finance is privately held, with offices in Fort Worth, Texas, Dallas; Texas and the United Kingdom, and is backed by some of Silicon Valley's most respected venture capital firms including Sequoia Capital and Technology Crossover Ventures. To learn more, please visit www.ThinkFinance.com.