General Information
Company Name
Flexiti
Founded Year
2013
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Number of Employees
390
Industries
Financial Services, Fintech, CRM and Sales
Funding Stage
Debt Financing
Social Media

Flexiti - Company Profile

**Flexiti** is a Canadian-based fintech startup, founded in **2013** by Peter Kalen, that offers a flexible and seamless point-of-sale financing platform. The company has rapidly positioned itself as one of Canada's fastest-growing point-of-sale fintech lenders, catering to consumers and merchants across a network of over 8,000 Canadian retail locations and e-commerce sites, including The Brick, Wayfair.ca, Sleep Country, Staples, and Birks. Flexiti's innovative sales financing platform allows users to instantly qualify for 0% interest financing on purchases within their credit limit, without the need for reapplication. The company has facilitated over **$2B in flexible financing** for Canadian consumers, evidencing its rapid growth and market penetration in the financial services and fintech industries. Its recent **$527.00M** debt financing investment in **December 2021** further solidifies its position as a key player in the industry, with significant backing from investors including the **National Bank of Canada, Waterfall Asset Management, and Bank of Montreal**. The company's rapid rise is evident from its accolades, with Flexiti being recognized as one of Canada's Top Growing Companies for the fourth consecutive year in 2022. In 2021, Flexiti also earned the **10th** spot on Deloitte's Canada’s 'Technology Fast 50™', the **54th** position on Deloitte's North American 'Technology Fast 500™', and the **13th** ranking on The Globe and Mail's '2021 Canada’s Top Growing Companies'. These achievements underscore Flexiti's influential presence and success in the Canadian fintech landscape.

Taxonomy: point-of-sale financing, sales financing platform, Canadian retail, 0% interest financing, credit limit, top-tier retailers, fast-growing company, Deloitte's Technology Fast 50, Deloitte's Technology Fast 500, Canada's Top Growing Companies, flexible financing, seamless point-of-sale service, award-winning platform

Funding Rounds & Investors of Flexiti (5)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $527.00M 3 Bank of Montreal 10 Dec 2021
Debt Financing $80.00M 1 06 Sep 2018
Debt Financing $6.25M 1 Pyfera Growth Capital 01 Aug 2017
Series A $5.00M 1 02 Nov 2016
Debt Financing $25.00M 1 21 Mar 2016

Latest News of Flexiti

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No recent news or press coverage available for Flexiti.

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