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Flexpay - About the company

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 $70K in funding from investors like Techstars, Expert DOJO 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.
Social
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Email ID
*****@flexpay.co.ke
Phone Number
+254 **********
Registered Address
FLEXPAY LLC, 16192 COASTAL HIGHWAY, LEWES, TX
Key Metrics
Founded Year
2014
Location
Nairobi, Kenya
Stage
Seed
Total Funding
$70K in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 16, 2019
Investors
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2022
Employee Count
32 as on Sep 30, 2026
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Flexpay's funding and investors

Flexpay has raised a total funding of $70K over 5 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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 07, 2023
2413521
Seed
9674927
4031842
5578308
8881080
Sep 28, 2022
6137392
Seed
1470403
7824998
6785669
7229811
Sep 06, 2022
5174987
Grant (prize money)
9219167
9254787
2417579
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Flexpay's founders and board of directors

Founder? Claim Profile
The founders of Flexpay are Richard Machomba, Dennis Karanu and Moses Wakanyi. Richard Machomba is the CEO of Flexpay.
Here are the details of Flexpay's key team members:

Flexpay's employee count trend

Flexpay has 32 employees as of Sep 26. Here is Flexpay's employee count trend over the years:
Employee count trend for Flexpay
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Flexpay's Investments and acquisitions

Flexpay has made no investments or acquisitions yet.

Reports related to Flexpay

Here is the latest report on Flexpay's sector:

News related to Flexpay

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