When was FlexxPay founded?

FlexxPay was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is FlexxPay located?

FlexxPay is headquartered in Dubai, United Arab Emirates.

How many employees does FlexxPay have?

As of Apr 30, 2026, the latest employee count at FlexxPay is 5.

Is FlexxPay a funded company?

FlexxPay is a funded company, having raised a total of $4.5M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 02, 2019.

When was the latest funding round of FlexxPay?

FlexxPay's latest funding was a $***** Seed round on Feb 14, 2021, with participation from 9 investors. Its primary sector is Alternative Lending. In United Arab Emirates, the Alternative Lending sector has seen $180M in funding in 2026 to date.

Where does FlexxPay rank among its competitors?

FlexxPay ranks 3rd amongst 3 active competitors, only 1 of which is funded. Clair, which secured $23.2M in May, 2025.

Who are the top competitors of FlexxPay?

FlexxPay's top competitors include Clair, Abhi and Paisa. Among them, Clair secured the most recent funding round in May, 2025.

FlexxPay - 2026 Company Profile, Team, Funding & Competitors

Company Details

FlexxPay provides an online lending platform for earned wage loans. It features an online platform for businesses to provides the employees with access to their earned salaries on demand, before the regular payday. Employees get access to a portion of their already earned but currently unpaid salary with zero interest rate. Its employee wellness platform allows employers to perform bank transfers, do cash withdrawals, pay their utility bills, or start a savings plan. It also features an app-based platform that is available for both Android and IOS devices.

Website: flexxpay.com
Social
Email ID: *****@flexxpay.com

Key Metrics

Founded Year

2018

Location

Dubai, United Arab Emirates

Stage

Deadpooled

Total Funding

$4.5M in 6 rounds

Latest Funding Round

Seed, Feb 14, 2021, $*****

Investors

DIFC & 11 more

Ranked

3^rd among 3 active competitors

Employee Count

5 as on Apr 30, 2026

Similar Companies

Payflow & 166 more

View FlexxPay's full profile

FlexxPay has raised a total funding of $4.5M over 6 rounds. Its first funding round was on Jul 02, 2019. Its latest funding round was a Seed round on Feb 14, 2021 for $*****. 9 investors participated in its latest round. FlexxPay has 12 institutional investors.

Here is the list of recent funding rounds of FlexxPay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2021	4508303	Seed	6452961	1066952	2379351	2503535
Feb 14, 2021	6147070	Conventional Debt	7783856	7766923	4810724	Target Global & 8 more
Jun 08, 2020	6388750	Seed	1939920	9230850	DIFC	Jimco & 6 more

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View details of FlexxPay's funding rounds and investors

The founders of FlexxPay are Charbel Nasr and Michael Truschler.

Here are the details of FlexxPay's key team members:

Charbel Nasr: Co-Founder & CTO of FlexxPay.
Michael Truschler: Co-Founder & Managing Director of FlexxPay.

View details of FlexxPay's Founder profiles and Board Members

FlexxPay's employee count trend

FlexxPay has 5 employees as of Apr 26. Here is FlexxPay's employee count trend over the years:

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Top competitors of FlexxPay include Clair, Abhi and Paisa. Here is the list of Top 10 competitors of FlexxPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Clair 2019, New York City (United States), Series B	Cloud-based employee benefits platform for on-demand pay	$67.7M	Thrive Capital, Upfront Ventures & 8 others	70/100
2nd	Abhi 2020, Dubai (United Arab Emirates), Funding Raised	Financial wellness company that provides earned wage access to employees	-	-	44/100
3rd	FlexxPay 2018, Dubai (United Arab Emirates), Deadpooled	Online lending platform for earned wage loans	$4.5M	Jimco, Target Global & 10 others	33/100
4th	Paisa 2022, Dubai (United Arab Emirates), Unfunded	Provider of employee financial benefits for enterprises	-	-	16/100