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.
- Website
- www.flexpay.co.ke/
- Email ID
- *****@flexpay.co.ke
- Phone Number
- +254 **********
- Registered Address
- FLEXPAY LLC, 16192 COASTAL HIGHWAY, LEWES, TX
Legal entities associated with Flexpay
Flexpay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Flexpay LLC CIN: 0001930496 , United States, Active | $0 - $1M (As on Dec 31, 2022) | - | - |
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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:
Filter 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 |
View details of Flexpay's funding rounds and investors
Flexpay's founders and board of directors
Founder? Claim ProfileThe 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:
- Richard Machomba: Co-Founder & CEO of Flexpay.
- Dennis Karanu: Chief Financial Officer & ex-Co-Founder of Flexpay.
- Moses Wakanyi: Co-Founder & CTO of Flexpay.
View details of Flexpay's Founder profiles and Board Members
Flexpay's employee count trend
Flexpay has 32 employees as of Sep 26. Here is Flexpay's employee count trend over the years:
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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
•
Kenya’s BuuPass, Flexpay partner to offer flexible payment plans for holiday travelDisruptafrica•Dec 19, 2024•Buupass, Flexpay
•
Kenyan fintech FlexPay is helping shoppers save for future purchasesTechCrunch+•Sep 20, 2023•Flexpay
•
FlexPay, a Kenyan fintech company, receives investment from Renew Capital AngelsTechgist Africa•Sep 08, 2023•Renew Capital, Flexpay
•
Cairo Angels Syndicate Fund grants funding to FlexPay, a Kenyan fintech startupexplode.africa•May 23, 2022•Flexpay, The Cairo Angels, FlexPay, FlexPay
•
Car & General Partners with Flexpay for Product AcquisitionKenyan Wall Street•Apr 25, 2022•Car & General, Flexpay
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