When was Flexpay founded?

Flexpay was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Flexpay located?

Flexpay is headquartered in Nairobi, Kenya.

Who is the current CEO of Flexpay?

Richard Machomba of Flexpay. They have also founded 1 company.

How many employees does Flexpay have?

As of Jul 01, 2024, the latest employee count at Flexpay is 24.

Is Flexpay a funded company?

Flexpay is a funded company, having raised a total of $20K across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 21, 2017.

How much is Flexpay worth?

The latest valuation of Flexpay is $***** as of Aug 16, 2019.

When was the latest funding round of Flexpay?

Flexpay's latest funding was a $***** Seed round on Sep 07, 2023, with participation from 1 investor.

Where does Flexpay rank among its competitors?

Flexpay ranks 1st amongst 1 active competitors, only 1 of which is funded., of which only Flexpay is funded and secured an undisclosed amount in Sep, 2023.

Flexpay - 2026 Company Profile, Team & Funding

Flexpay is a seed company based in Nairobi (Kenya), founded in 2014 by Richard Machomba, Dennis Karanu and Moses Wakanyi. It operates as a Save now and buy later payment platform for purchases. Flexpay has raised $20K in funding from Techstars and Renew Capital, with a current valuation of $*****.

Company Details

Save now and buy later payment platform for purchases. The platform allows customers to save on items and services from partner merchants. Customers make payments over a set period. Upon full payment, customers receive confirmation to complete their purchase. The platform offers options for individual and group savings.

Website: www.flexpay.co.ke/
Social
Email ID: *****@flexpay.co.ke
Phone Number: +254 **********

Key Metrics

Founded Year

2014

Location

Nairobi, Kenya

Stage

Seed

Total Funding

$20K in 4 rounds

Latest Funding Round

Seed, Sep 07, 2023, $*****

Post Money Valuation

$***** as on Aug 16, 2019

Investors

Techstars & 9 more

Ranked

1^st among 1 active competitor

Employee Count

24 as on Jul 01, 2024

Similar Companies

Multipl & 47 more

View Flexpay's full profile

Flexpay has raised a total funding of $20K over 4 rounds. Its first funding round was on Apr 21, 2017. Its latest funding round was a Seed round on Sep 07, 2023 for $*****. 1 investor participated in its latest round. Flexpay has 10 institutional investors.

Here is the list of recent funding rounds of Flexpay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 07, 2023	1237664	Seed	7233563	6046283	8679192	4970596
Sep 06, 2022	7619049	Grant (prize money)	1094307	3842070	5638543	Black Founders Fund
May 15, 2022	8114925	Seed	2118985	8192122	4479734	Acasia Ventures & 1 more