About Flexpay
Flexpay is a company based in Nairobi (Kenya) founded in 2014 by Johnson Mwangi Gituma and Richard Machomba. Flexpay has raised $20 thousand across 4 funding rounds from investors including Techstars, Renew Capital and Black Founders Fund. Flexpay offers products and services including Flexpay App, Flexpay Chama, and Lipia Polepole.
- Headquarter Nairobi, Kenya
- Founders Johnson Mwangi Gituma, Richard Machomba
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Sectors
TechnologyRetail
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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 Flexpay Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 K (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Techstars
& 4 more
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Employee Count
Not available
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Products & Services of Flexpay
Flexpay offers a comprehensive portfolio of products and services, including Flexpay App, Flexpay Chama, and Lipia Polepole.
App for managing savings and making deferred payments
Service for organized virtual savings groups
Option for buying products with flexible installments
Funding Insights of Flexpay
Flexpay has successfully raised a total of $20K across 4 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 Flexpay
Flexpay has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Techstars, Renew Capital and Black Founders Fund.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments are made in African startups.
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Acasia Ventures is focused on investing in early-stage startups.
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Locked | Locked | Locked |
Investor details for Flexpay
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Investments & Acquisitions by Flexpay
Investment portfolio details for Flexpay
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Financial Statements - Flexpay
Detailed financials for Flexpay
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- Profit trends
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Flexpay Comparisons
Peer comparison for Flexpay
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Competitors of Flexpay
Detailed competitors of Flexpay
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Latest news on Flexpay
Complete news archive for Flexpay
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Frequently Asked Questions about Flexpay
Flexpay was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Flexpay is headquartered in Nairobi, Kenya.
Richard Machomba is the current CEO of Flexpay. They have also founded this company.
Flexpay is a funded company, having raised a total of $20K across 4 funding rounds to date.
Flexpay was founded in 2014 in Nairobi, Kenya, within the fintech sector. Online and offline payment acceptance is supported for businesses through mobile money and card options. Flexible installment plans are offered to individuals for dividing purchases over time. Operations focus on facilitating secure transactions for goods and services across the region.
Flexpay offers Flexpay App, Flexpay Chama, and Lipia Polepole.
Flexpay has 5 investors. Key investors include Techstars, Renew Capital, Black Founders Fund, Acasia Ventures, and Cairo Angels.