# Flex Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flex-technologies

- Industry: Software
- Headquarters: Lagos, Nigeria
- Website: www.flexfinance.ai
- Latest round: Seed (Apr 18, 2021)
- Investors on record: 1

## About

Based in Lagos, Nigeria, and founded in 2019, Flex Technologies Ltd is a fintech company that operates as a developer of a mobile platform that helps MSMEs and single entrepreneurs to manage and track their daily business expenses and finances. In December 2021, Flex Technologies Ltd raised venture funding from Berrywood Capital, LoftyInc Capital Management, Paradox Capital.

The features of the mobile platform include smart budgeting, with built-in budget alerts that help to manage the spending of the company. Automated expense reports that make sure every expense is accounted for. The company also provides features to pay multiple persons at once.

The company plans to use the venture funding to expand manpower, scale operations, and launch new products like virtual cards.

## Funding rounds

- Seed, Apr 18, 2021 — LoftyInc Capital Management

## Investors

- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed