Flex
Flex is a Spend management and corporate cards platform for businesses in Africa
Business Model: B2B
Revenue: $0
Employees: 11-50
Rankings
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Detailed Flex Information
Geographic Data
Address: 2 Alhaji Tokan Street
City: Lagos
State: lagos
Zip: 101241
Country: NG
Financial Info
Stage:
pre seed
Raised Last:
$500k
Raised Total:$800k
Social
Metrics
6,430,282Website Global Rank
1,064Website Monthly Traffic
Twitter Followers
Description
Due to poor financial management, 9 out of 10 businesses in Africa will die before their 5th birthday. The problem persists as there is no Spend management platform to help these businesses manage their finances. Leaving them at the mercy of outdated processes Businesses in Africa have high digital literacy and are willing to adopt digital tools to help them manage their finances. Flex is a spend management platform that helps businesses in Africa manage their spending via mobile, web and corporate cards.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2021 | Pre Seed Round | 9 | $500k |
Berrywood Capital Brett Kopf EXPERT DOJO Julian Shapiro Kairos Angels LoftyInc Capital Management Maneesh Arora Paradox Capital Sahil Lavingia Berrywood Capital Brett Kopf EXPERT DOJO Julian Shapiro Kairos Angels LoftyInc Capital Management Maneesh Arora Paradox Capital Sahil Lavingia |
10/2022 | Venture Round | 1 | - |
500 Global 500 Global |
5/2022 | Non Equity Assistance | 1 | - |
Google for Startups Google for Startups |
6/2020 | Grant | 1 | $100.2k |
Catalyst Fund Catalyst Fund |
12/2021 | Pre-Seed | - | 8/2019 | Pre Seed Round | 2 | $200k |
Accion Venture Lab The MasterCard Foundation Accion Venture Lab The MasterCard Foundation |
12/2021 | Pre-Seed | - |
LoftyInc Capital Management Paradox Capital Kairos Angels LoftyInc Capital Management Paradox Capital Kairos Angels |
|---|
| Announced Date | Name | Price |
|---|
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