Dollar Financial Corp. (NASDAQ: DLLR), a leading international financial services company serving under-banked consumers, today announced that it has acquired five stores in the London market, bringing the Company�s Money Shop store network in the United Kingdom to 250 company-operated locations. The acquisition also further expands the Company�s pawn broking business in the United Kingdom, and the Company believes it is now the third largest pawn lender in this market. �We are very pleased to reach this significant milestone as we continue the successful build-out of our global footprint with the unveiling of our 250th U.K. store,� said Jeff Weiss, Chairman and Chief Executive Officer of Dollar Financial Corp. �Not only does this acquisition allow us to further our strategic goal of increasing store penetration in London, but also signifies that our store network in the U.K. has reached a critical mass, which should help to further expand consumer awareness of the Money Shop brand in this market. Our U.K. business continues to deliver outstanding results, generating nearly 25% of our total revenue in fiscal 2008, which underscores our strategy of being the most diversified company in our sector.� As part of the acquisition, the Company will acquire four fully-branded franchise stores across London in the areas of Acton, Whitechapel, Barking and Harrow and one store in the Central London area of Marble Arch. The stores will offer the full range of Money Shop consumer financial products and services including check cashing, payday loans, installment loans, foreign exchange, pawnbroking, Western Union money order and money transfer products, and other ancillary products and services. The Company has the number one market position in the region, both in terms of the number of stores and the array of products and services offered. About Dollar Financial Corp Dollar Financial Corp is a leading international financial services company serving under-banked consumers. Its customers are typically service sector individuals who require basic financial services but, for reasons of convenience and accessibility, purchase some or all of their financial services from the Company rather than from banks and other financial institutions. To meet the needs of these customers, the Company provides a range of consumer financial products and services primarily consisting of check cashing, short-term consumer loans, Western Union money order and money transfer products, currency exchange, reloadable VISA�and MasterCard�branded debit cards, electronic tax filing, bill payment services, and legal document processing services. At June 30, 2008, the Company's global store network consisted of 1,452 stores, including 1,122 company-operated financial services stores and 330 franchised and agent locations in 31 states, Canada, Republic of Ireland and the United Kingdom. The financial services store network is the largest network of its kind in each of Canada and the United Kingdom and the second-largest network of its kind in the United States. The Company's customers, many of whom receive income on an irregular basis or from multiple employers, are drawn to the convenient neighborhood locations, extended operating hours and high-quality customer service. The Company's financial products and services, principally check cashing and short-term consumer loan programs, provide immediate access to cash for living expenses or other needs. For more information, please visit the Company's website at www.dfg.com.
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