FlexxPay FZ
Latest round
- Seed
Last raised
- Feb 2021
Total raised
- $3M
Investors
- 9
About FlexxPay FZ
Founded in 2018 and headquartered in Riyadh, Saudi Arabia, FlexxPay FZ LLC specializes in providing earned wage access to employees, allowing them to access their wages before the traditional payday.FlexxPay offers innovative financial solutions tailored to meet the needs of employers and employees alike, primarily focusing on earned wage access and payroll-related services. The company's core product enables employees to access their earned wages before the traditional payday, alleviating cash flow issues and enhancing financial well-being. The service is particularly beneficial for workers in industries with fluctuating pay schedules or unexpected financial emergencies.FlexxPay generates revenue through a subscription-based model and transactional fees associated with its earned wage access service. Employers subscribe to FlexxPay's platform, allowing their employees to access their earned wages as part of their benefits package. In typical transaction scenarios, employees can request an advance on their wages, processed through the FlexxPay platform, ensuring efficient fund disbursement. The company plans to develop new products aimed at providing further financial solutions for employees, though specific launch dates have not been disclosed.
Who invested in FlexxPay FZ
9 investors across 1 round
See all investors in FlexxPay FZ
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Feb 14, 2021
Amount
$3M
Investors
Questions about FlexxPay FZ
Who invested in FlexxPay FZ?
FlexxPay FZ has 9 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FlexxPay FZ raised?
FlexxPay FZ has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did FlexxPay FZ last raise money?
FlexxPay FZ's most recent round on record is a Seed, in Feb 2021.
What does FlexxPay FZ do?
Founded in 2018 and headquartered in Riyadh, Saudi Arabia, FlexxPay FZ LLC specializes in providing earned wage access to employees, allowing them to access their wages before the traditional payday.
Where is FlexxPay FZ headquartered?
FlexxPay FZ is headquartered in Riyadh, Saudi Arabia.
Which VCs invest in companies like FlexxPay FZ?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at FlexxPay FZ's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like FlexxPay FZ? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.