Fairstone Bank and Best Buy Canada Renew Point-of-Sale Financing Partnership
Fairstone Bank of Canada and Best Buy Canada announced the renewal of their exclusive point-of-sale financing partnership on Aug 11, 2026. The original partnership launched in 2020. Through Fairstone Financial Inc., a subsidiary of Fairstone Bank, Best Buy customers can access in-store and online financing via a digital application with approval or prequalification in under two minutes.
Best Buy is one of more than 2,100 merchant partners that use Fairstone Bank's retail financing programs. The programs combine proprietary technology and dedicated support to simplify the customer experience. Financial terms of the renewed agreement were not disclosed.
Fairstone Bank is a Canadian alternative lending bank serving roughly two million customers nationwide.
- Validates the durability of bank-retailer embedded lending partnerships in the Canadian market
- Reinforces point-of-sale financing as a core embedded finance use case for traditional banks