Founded Year

2013

Stage

Debt - II | Alive

Total Raised

$1.17B

Valuation

$0000 

Last Raised

$60.44M | 8 mos ago

Revenue

$0000 

About Flexiti

Flexiti Financial is a provider of point-of-sale financing and payment technology for retailers.On February 1st, 2021, Flexiti was acquired by CURO Group Holdings at a valuation between $85M and $121M.

Flexiti Headquarter Location

130 King St. W. Suite 1740

Toronto, Ontario, M5X 1E1,

Canada

855-559-0909

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Flexiti's Products & Differentiation

See Flexiti's products and how their products differentiate from alternatives and competitors

  • Equal Monthly Payments

    Split the payment for a product into 3-60 month payment plans.

    Differentiation

    We can auto-adjudicate up to $25K and can integrate both online and in-store solutions. 

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Flexiti

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Flexiti is included in 4 Expert Collections, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

1,517 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

D

Digital Lending

1,747 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

P

Payments

2,323 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

3,392 items

Excludes US-based companies

Latest Flexiti News

Flexiti Reaches $2 Billion in Loan Originations

Jun 22, 2022

Rapidly growing Canadian fintech brand doubles loan volume in under a year June 22, 2022 08:30 AM Eastern Daylight Time TORONTO--( BUSINESS WIRE )--Flexiti Financial Inc. (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, is pleased to announce that the company has reached $2 billion in lifetime originations. The milestone has been achieved after the company reached $1 billion in total loan originations in July 2021. Flexiti’s award-winning platform provides customers and merchants with fast and easy-to-use point-of-sale service by instantly approving shoppers in-store and online for 0% interest1 financing on purchases within their credit limit (and without needing to reapply). In addition to this rapid growth in sales volume, Flexiti has more than doubled its number of full-time employees to over 450 people across all functions. Flexiti’s rapid growth has resulted in the company being listed as one of Canada’s fastest growing businesses since 2019. “When I founded Flexiti in 2013, we set out to revolutionize how sales financing is done in the retail environment,” said Peter Kalen, Founder and CEO of Flexiti. “Taking seven years to reach our first $1 billion in sales volume and only eleven months to surpass the $2 billion mark, is a testament to the need for payment choice when customers make purchases to fit their lifestyle and budget,” he added. “Flexiti really owes this significant growth to our Flexiteers,” said Kalen. “I would like to thank them for their relentless dedication and vision in creating customer and retailer-centric solutions that routinely position the company for solid financial growth.” 1 O.A.C. Terms and conditions apply. About Flexiti Flexiti provides flexible financing to help customers make important purchases. Available at a network of over 8,000 top-tier retail locations and e-commerce sites, including The Brick, Wayfair.ca, Sleep Country, Staples and Birks, Flexiti’s award-winning sales financing platform provides customers and merchants alike with seamless point-of-sale service. Flexiti users can be instantly approved in-store and online to receive 0% interest financing on purchases within their credit limit without needing to reapply. Helping Canadians secure over $2B in flexible financing, Flexiti is Canada’s fastest growing sales financing provider. In 2021, Flexiti ranked 10th on Deloitte’s Canada’s ‘Technology Fast 50™,’ 54th on Deloitte’s North American ‘Technology Fast 500™,’ and ranked 13th on The Globe and Mail’s ‘Canada’s Top Growing Companies.’ Flexiti is a wholly-owned subsidiary of CURO Group Holdings Corp. (NYSE: CURO). For more information on Flexiti's service offering and growing Flexiti Network™, visit www.flexiti.com . (CURO-NWS) Contacts

Flexiti Web Traffic

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  • When was Flexiti founded?

    Flexiti was founded in 2013.

  • Where is Flexiti's headquarters?

    Flexiti's headquarters is located at 130 King St. W., Toronto.

  • What is Flexiti's latest funding round?

    Flexiti's latest funding round is Debt - II.

  • How much did Flexiti raise?

    Flexiti raised a total of $1.17B.

  • Who are the investors of Flexiti?

    Investors of Flexiti include Bank of Montreal, Waterfall Asset Management, National Bank Financial, CURO Group Holdings, Globalive Technology Partners and 6 more.

  • Who are Flexiti's competitors?

    Competitors of Flexiti include Neo Financial and 3 more.

  • What products does Flexiti offer?

    Flexiti's products include Equal Monthly Payments and 3 more.

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