FlexPay

Montreal, Canada Founded: 2017 • Age: 9 yrs
Online payments are facilitated for merchants via an API-linked gateway.

About FlexPay

FlexPay is a company based in Montreal (Canada) founded in 2017. It operates as a SaaS (Software-as-a-Service) and Subscription Services. FlexPay has raised $6 million across 1 funding round from investors including BMO, Impression Ventures and Anges Québec. FlexPay offers products and services including Invisible Recovery and Engaged Recovery. FlexPay operates in a competitive market with competitors including Square, Flutterwave, PayU, Nuvei and Vanco Payment Solutions, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website flexpay.io
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $6M (USD)

    in 1 rounds

  • Latest Funding Round
    $6M (USD), Series A

    Dec 2019

  • Investors
    BMO

    & 3 more

Products & Services of FlexPay

FlexPay offers a comprehensive portfolio of products and services, including Invisible Recovery and Engaged Recovery.

Invisible Recovery
Payment Recovery

Failed payments are recovered without customer awareness using AI.

Engaged Recovery
Payment Recovery

Customer involvement is encouraged to resolve failed payment issues.

Funding Insights of FlexPay

FlexPay has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in December 2019. 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 $6M
  • Total Rounds 1
  • Last Round Series A — $6M
  • First Round $6M

    (Dec 2019)

  • Investors Count 4

All 1 funding rounds of FlexPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$6MSeries A–Impression Ventures
Valuation history

4 investors in total: 4 institutional.

Investors in FlexPay

FlexPay has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include BMO, Impression Ventures and Anges Québec.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are directed by Impression Ventures toward fintech startups.
–impression.venturesToronto, Canada
Angel investment network supporting innovative entrepreneurs in Canada.
2008angesquebec.comMontréal, Canada
BMO is recognized as a leading financial services provider in Canada.
1817bmo.comToronto, Canada
-
–strategicpartners.net-
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Investor details for FlexPay

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of FlexPay

31 people are tracked at FlexPay (15 in leadership, 16 in team).

NameRoleGroup
Darryl Hicks
–Leadership
Trevor Murphy
COOLeadership
Alex Moisley
Director Of Inside SalesLeadership
Charles Weiss
Vice President Of EngineeringLeadership
Baily Dyer
Head Of People & CultureLeadership
Jeffrey Pauletto
Director of InnovationLeadership
Jonathan Cowie
Vice President Of SalesLeadership
Laurent Binda
CFOLeadership
Steve Arentzoff
Senior Vice President, MarketingLeadership
Vanessa Brown
Director, Digital and Campaign MarketingLeadership
Paul Finley
VP Enterprise SalesLeadership
Clint Gearheart
Vice President Of SalesLeadership
Myriam Douida
Channel PartnerLeadership
Maxime Mathieu
Director of ProductsLeadership
Chris Reinmuth
Partner/EVP Business DevelopmentLeadership
Bruno Lavigne
Senior Software ArchitectTeam
Patrick Laramée
Senior Software ArchitectTeam
David Zheng
ControllerTeam
M Noman Hameed Memon
Product ManagerTeam
Tatiana Crisan
Senior Product Marketing ManagerTeam

11 more people are available in the full profile.

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Complete people profiles for FlexPay

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of FlexPay

2 dated milestones of FlexPay across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded FlexPay is founded.
  2. Funding First funding round of $6.0M.

Competitors of FlexPay

FlexPay 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 Square, Flutterwave, PayU, Nuvei and Vanco Payment Solutions, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
flutterwave.com2016San Francisco, United States$319.41M–
Provider of payment processing solutions for businesses
payu.com2002Amsterdam, Netherlands$35.15M1,200
Online payment processing and credit solutions are provided for businesses.
nuvei.com2003Montreal, Canada$321.71M–
Payment processing solutions are delivered to merchants and businesses.
vancopayments.com2007Atlanta, United States$127M257
Payment gateway solutions are provided for faith-based organizations and nonprofits.
aciworldwide.com1975Omaha, United States–4,732
Digital payments are processed and managed via specialized solutions.
paddle.com2012Corby, United Kingdom$291.7M362
SaaS-based payment solutions are provided for merchants.
cybersource.com1994Foster, United States––
Global e-commerce payment processing and security services are managed.
wirecard.com1999Aschheim, Germany–4,989
Payment processing solutions are provided for businesses and merchants.
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Detailed competitors of FlexPay

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of FlexPay

The website of FlexPay (flexpay.io) receives about 3.7K visits a month.

  • Monthly visits
    3.7K

    ▼ 53.8% vs previous month

Similar websites

Websites whose visitors overlap most with FlexPay. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
feedzai.com
100%
67.8K#531,585View details
sift.com
100%
121.6K#243,520View details
google.com
74%
85.8B#1View details
comidor.com
64%
16.2K#1,646,837View details
chargeblast.com
60%
262.3K#228,236View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 15 similar websites and full traffic analytics for FlexPay

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Flexpay

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Complete news archive for FlexPay

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to FlexPay

10 companies that operate in the same segment as FlexPay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about FlexPay

FlexPay was founded in 2017 and raised its 1st funding round 2 years after it was founded.

FlexPay is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

FlexPay is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Dec 2019.

Failed payments are addressed by FlexPay for subscription-based businesses. Solutions are provided across sectors like SaaS, eLearning, gaming, and health. Invisible Recovery and Engaged Recovery are utilized to minimize churn. Customer retention is improved through AI-driven and behavioral science methods. Revenue growth is supported by recovering declined transactions. Integration with over 100 billing systems is offered for seamless operation.

FlexPay's top competitors include PayU, Flutterwave and Square.

FlexPay offers Invisible Recovery and Engaged Recovery.

FlexPay has 4 investors. Key investors include BMO, Impression Ventures, Anges Québec, and Strategic Partners.

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