FlexxPay

FlexxPay

FlexxPay enables companies to offer salary advances to employees. In a traditional pay cycle, an employee gets paid the salary at the end of each month. This method of paying employees is failing many average paid workers. More than 50% of the workforce live from payday to payday, unable to cover unexpected expenses that come up during a month. For many, that means skipping meals, selling possessions, taking on any extra work or going through extreme measures. This problem deserves a solution. It’s the reason we do what we do. Our mission is to fix the pay frequency problem at its root by providing businesses and their employees with an instant pay platform. We empower those who need it the most to access a portion of their already earned salaries whenever they need it. Our vision is simple – bring financial security, dignity, and savings to the millions experiencing financial stress.

Total funding
~$4M
HQ 🇦🇪
Dubai, United Arab Emirates
Year founded
2018
Status
Alive
People
Michael Truschler
Founder, Chief Executive Officer
Charbel Nasr
Chief Technology Officer
Investors
Target Global
JIMCO
Wamda Capital
Arzan Venture Capital
VentureSouq
Nuwa Capital
NBD Sana Capital
Sukna Ventures
Dubai International Financial Centre
MEC Ventures
Categories
Share
Get access to exclusive data about FlexxPay
Access FlexxPay now