About Flexiti
Flexiti is a company based in Toronto (Canada) founded in 2013 was acquired by CURO in February 2021.. Flexiti has raised $14.5 million across 7 funding rounds from investors including National Bank of Canada, Credit Suisse and Curo.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.5 M (USD)
in 7 rounds
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Latest Funding Round
$413.97 M (USD), Debt – Conventional
Dec 13, 2021
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Investors
National Bank of Canada
& 3 more
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Employee Count
Employee Count
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Acquired by
CURO
(Feb 01, 2021)
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Funding Insights of Flexiti
Flexiti has successfully raised a total of $14.5M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $413.97 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $414.0M
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First Round
First Round
(08 Jul 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Debt – Conventional - Flexiti | Valuation |
investors |
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| Sep, 2018 | Amount | Debt – Conventional - Flexiti | Valuation |
investors |
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| Jun, 2018 | Amount | Debt – Conventional - Flexiti | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flexiti
Flexiti has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include National Bank of Canada, Credit Suisse and Curo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is provided to Canadian tech and offline companies.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location | |
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Wealth management, asset management, and investment banking services are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flexiti
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flexiti
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flexiti Comparisons
Competitors of Flexiti
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flexiti
Frequently Asked Questions about Flexiti
When was Flexiti founded?
Flexiti was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Flexiti located?
Flexiti is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Flexiti a funded company?
Flexiti is a funded company, having raised a total of $14.5M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $350M, raised on Jul 08, 2014.
What does Flexiti do?
Flexiti was founded in 2013 in Toronto, Canada, within the fintech sector. Credit cards are issued for point-of-sale financing, allowing consumers to access buy now pay later options at various retail locations. Businesses are enabled to develop loyalty programs featuring promotional interest rates and coupons. An Android app is utilized for generating reusable virtual credit cards, supporting digital transaction management.
Who are Flexiti's investors?
Flexiti has 4 investors. Key investors include National Bank of Canada, Credit Suisse, Curo, and Globalive Capital.
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