About FlexM
FlexM is a company based in Singapore (Singapore) founded in 2015 by Naveed Weldon. FlexM has raised $13.37 million across 3 funding rounds from investors including MatchMove and 6G Digital Sweden. The company has 94 employees as of April 03, 2024. FlexM offers products and services including FlexBank, FlexPay, FlexRemit, and FlexComply. FlexM operates in a competitive market with competitors including YouTrip, MoneyGram, Skrill, Jenji and CarePay, among others.
- Headquarter Singapore, Singapore
- Employees 94 as on 03 Apr, 2024
- Founders Naveed Weldon
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Sectors
Financial ServicesTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Flexm Private Limited
- Date of Incorporation 17 Dec, 2019
- Jurisdiction Ernakulam, Kerala, India
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Annual Revenue
$246.54 K (USD)2693.58as on Mar 31, 2022
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Net Profit
$28.91 K (USD)3605.13as on Mar 31, 2022
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EBITDA
$40.63 K (USD)3584.5as on Mar 31, 2022
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Total Equity Funding
$13.37 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
MatchMove
& 1 more
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Employee Count
94
as on Apr 03, 2024
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Products & Services of FlexM
FlexM offers a comprehensive portfolio of products and services, including FlexBank, FlexPay, FlexRemit, and FlexComply.
Platform for launching digital banking and financial services.
Embeds finance and payments into business customer journeys.
Cloud-based system for secure money transfer operations.
System to automate regulatory compliance and risk workflows.
People of FlexM
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Sales and Marketing
3 people
Leadership Team
2 people
Head Team
1 people
Software Development Team
1 people
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Funding Insights of FlexM
FlexM has successfully raised a total of $13.37M across 3 strategic funding rounds. 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.
Investors in FlexM
FlexM has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include MatchMove and 6G Digital Sweden.
| Investor | Description | Founded Year | Domain | Location |
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Cross-border remittance solutions are offered for businesses through cloud-based ecosystems.
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White-label mobile wallets are offered to businesses for payments.
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Locked | Locked | Locked |
Investor details for FlexM
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by FlexM
Investment portfolio details for FlexM
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Financial Statements - FlexM
Detailed financials for FlexM
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- Profit trends
- Statement rows
- Financial ratios
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Flexm Comparisons
Peer comparison for FlexM
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- Named peers
- Headcount comparison
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Competitors of FlexM
FlexM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YouTrip, MoneyGram, Skrill, Jenji and CarePay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
NFC-enabled travel cards and wallets are provided for travelers.
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| Locked | Locked | Locked |
Cross-border payments are enabled via wallet solutions for consumers.
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| Locked | Locked | Locked |
Online payments and digital wallet services are facilitated internationally.
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| Locked | Locked | Locked |
AI-based expense management software is offered for businesses.
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| Locked | Locked | Locked |
Provider of a health insurance platform for global insurers
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Detailed competitors of FlexM
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Flexm
Complete news archive for FlexM
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Frequently Asked Questions about FlexM
FlexM was founded in 2015 and raised its 1st funding round 1 year after it was founded.
FlexM is headquartered in Singapore, Singapore.
Naveed Weldon is the current CEO of FlexM. They have also founded this company.
FlexM is a funded company, having raised a total of $13.37M across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at FlexM is 94.
Annual revenue of FlexM is $246.54K as on Mar 31, 2022.
Founded in 2015 in Singapore, FlexM operates in the fintech sector, focusing on expense management and bill payment tools. Virtual wallets, virtual cards, and reloadable prepaid MasterCards are provided to employees and consumers for top-ups, transaction tracking, and transfers. Services include bill payments, in-store and online purchases via prepaid cards, e-commerce virtual cards, and corporate expense cards for staff, vendors, and consultants.
FlexM offers FlexBank, FlexPay, FlexRemit, and FlexComply.
FlexM has 2 investors. Key investors include MatchMove, and 6G Digital Sweden.