About FlexM
FlexM is a Financial Services company based in Singapore (Singapore) founded in 2015 by Naveed Weldon. Expense management and bill payment solutions are offered to businesses. It operates in the Financial Services and Technology sectors. FlexM has raised $13.37 million across 3 funding rounds from investors including MatchMove and 6G Digital Sweden. The company has 94 employees. Its chief executive, as recorded, is Naveed Weldon. Its Indian entity Flexm Private Limited reported revenue of ₹8.52 Cr. FlexM offers products and services including FlexBank, FlexPay, FlexRemit, and FlexComply. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include YouTrip, Bunker and Numoni; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Indian entity revenue₹8.52 Cr
FY 2025 · -1% YoY
- Indian entity net loss-₹1.30 Cr
FY 2025 · -15% margin
- Indian entity EBITDA-₹1.01 Cr
FY 2025 · -12% margin
- Total Equity Funding$13.37M (USD)
in 3 rounds
- InvestorsMatchMove
& 1 more
- Employee Count94
Associated legal entities of FlexM
FlexM operates through Flexm Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flexm Private Limited CIN U72900KL2019PTC060786 | Active | 17 Dec 2019 | Ernakulam, Kerala | ₹8.5 Cr | 94 | 2 | View details |
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.
Apps and channels of FlexM
its YouTube channel FlexM has 14 subscribers and 8 videos.
Videos from FlexM
The most watched videos on FlexM's YouTube channel, FlexM (14 subscribers). Click a video to play it here.
More on FlexM.
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.
- Total Funding $13.37M
- Total Rounds 3
- First Round $866,000
(Nov 2016)
- Investors Count 2
All 3 funding rounds of FlexM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | Seed | – | – | – | |
| Mar 2024 | $12.5M | Series A | – | – | |
| Nov 2016 | $866,000 | Seed | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Cross-border remittance solutions are offered for businesses through cloud-based ecosystems. | 2017 | 6gdigital.cloud | Stockholm, Sweden | |
White-label mobile wallets are offered to businesses for payments. | 2009 | matchmove.com | Singapore, Singapore |
Investor details for FlexM
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Board of directors of Flexm Private Limited (FlexM)
Flexm Private Limited is the primary company behind FlexM. The board of Flexm Private Limited currently have 2 directors; the longest-serving is Ayaz Arif Weldon, appointed in 2023. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ayaz Arif Weldon DIN 00919416 | Director | 25 Dec 2023 | 2 yrs 10 mo | Flexm Private Limited |
| Mohammed Naveed Mohammed Arif DIN 10444759 | Director | 25 Dec 2023 | 2 yrs 10 mo | Flexm Private Limited |
People of FlexM
8 people are tracked at FlexM (7 in leadership, 1 in team); the tracked headcount is 94.
| Name | Role | Group |
|---|---|---|
Naveed Weldon | Co-Founder & CEO | Leadership |
Benjamin Howes | ex- CMO | Leadership |
Eugene Gutierrez | VP - Head Of Regional Sales - Southeast Asia | Leadership |
Matthew Fam | Head Of Customer Success | Leadership |
Valerie Pho | Chief Commercial Officer (cco), Asia | Leadership |
Navneet Singh Arora | Head Of Business Development- India, Middle East & Africa | Leadership |
Lalit Trivedi | Head Of Information Security (global) | Leadership |
Vivek Menon | Sales Project Manager | Team |
Complete people profiles for FlexM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of FlexM
Figures of Flexm Private Limited, the primary company behind FlexM, for FY 2025. Revenue was ₹8.52 Cr (-1% year on year). Net loss was -₹1.30 Cr (-15% margin). EBITDA was -₹1.01 Cr (-12% margin). Revenue has grown at a compounded annual rate of +61% over three years.
- ₹8.52 CrRevenue · FY 2025 · -1% YoY
- -₹1.30 CrNet loss · -15% margin
- -₹1.01 CrEBITDA · -12% margin
- ₹1 LakhPaid-up capital
- 94Employees (provident fund records)
- +61%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Flexm Private Limited are on its company page.
Detailed financial statements for FlexM
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of FlexM
3 dated milestones of FlexM across 10 years, from founding to its latest funding, stage changes and deals.
- Founded FlexM is founded.
- Funding First funding round of $866K.
- Funding Latest funding round, Seed,.
Competitors of FlexM
FlexM has 3 listed competitors in our database, 3 of them funded. They include YouTrip, Bunker and Numoni.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| you.co | 2018 | Singapore | $105.5M | NFC-enabled travel cards and wallets are provided for travelers. | ||
| bunkertech.io | 2021 | Singapore | $5M | Financial analytics provided via plug-and-play pivot-ready spreadsheets. | ||
| numoni.com | 2012 | Singapore | $4.76M | Provides cross-border money transfer solutions. |
Detailed competitors of FlexM
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Web traffic of FlexM
The website of FlexM (flexm.com) receives about 7.1K visits a month.
- Monthly visits7.1K
▲ 23.2% vs previous month
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Related news about 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 CEO of FlexM, as recorded in our data. They have also founded this company.
FlexM is a funded company, having raised a total of $13.37M across 3 funding rounds to date. The company's 1st funding round was a Seed of $866K, raised on Nov 2016.
FlexM has 94 employees.
The primary company behind FlexM, Flexm Private Limited, reported revenue of ₹8.52 Cr for FY 2025, down 1% year on year.
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.
FlexM operates through Flexm Private Limited.
The legal entities of FlexM currently have 2 directors, including Ayaz Arif Weldon, Mohammed Naveed Mohammed Arif.