FlexPay Technologies

📍 Nairobi, Kenya🗓 Founded 2015👥 24 employees💰 Last funded Mar 2017
Financial Services🌐 flexpay.co.ke
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Flexpay is a merchant-embedded digital save-to-buy experience that rewards customers for saving up for large and small purchases they need. We collaborate with retailers, brands, marketplaces, and banks to reward customers for saving up for the things they want, closing the affordability gap debt-free, increasing customer retention, and growing sales for the merchants. Low disposable incomes limit a vast majority of Africans from buying or accessing product and services they want. Additionally, consumers are being pushed towards the booming ‘Buy Now, Pay Later’ credit driven models in the consumption ecosystem, which is predatory and leads to impulse buying and debt. There has never been anything embedded in the retail experience that incentivizes people to save up for purchases as a way of closing the affordability gap. FlexPay is backed by Techstars, Google LaunchPad and Google Black Founder's Fund.
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2015
Founded

Investors

1 investors
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Investor geography1 country
United States
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Frequently asked questions
Who invested in FlexPay Technologies?
FlexPay Technologies has 1 investors on record on gritt.io, including 1 early-stage backers.
When did FlexPay Technologies last raise funding?
The most recent investment in FlexPay Technologies recorded on gritt.io was in March 2017.
When was FlexPay Technologies founded?
FlexPay Technologies was founded in 2015.
What industry is FlexPay Technologies in?
FlexPay Technologies operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is FlexPay Technologies based?
FlexPay Technologies is headquartered in Nairobi, Kenya.