🦊/Companies

Flexpay

Techstars '17

Nairobi, KE · Founded 2015 · 33 employees on LinkedIn · 4 known investors

Find your way into Flexpay

318 people in our graph share verified history with the Flexpay team — schools, employers, funds. One of them is your warm intro.

Houman Haghighiunlockedknows Richard Machomba · together at Techstars (overlapped)
×10knows the team · via Techstars
knows the team · via Kenyatta University

FlexPay offers a "Save Now, Buy Later" platform that enables customers in Africa to save for and purchase goods and services without credit, positioning itself as an alternative to predatory buy-now-pay-later models. The merchant-embedded solution combines saving, rewards, and installment payment options for consumers with low disposable incomes.

Founders & leadership

Flexpay was founded in 2015 by Richard Machomba.

RM
Richard MachombainFounderHe has over 7 years of experience in fintech and has participated in accelerators including Techstars Cape Town (2017), Google Launchpad Africa (2018), and the Google Black Founders Fund (2022).

Investors · 4

Frequently asked questions

What does Flexpay do?
FlexPay offers a "Save Now, Buy Later" platform that enables customers in Africa to save for and purchase goods and services without credit, positioning itself as an alternative to predatory buy-now-pay-later models. The merchant-embedded solution combines saving, rewards, and installment payment options for consumers with low disposable incomes.
Who founded Flexpay?
Flexpay was founded by Richard Machomba in 2015.
Who are Flexpay's investors?
Flexpay's investors include Acasia Ventures, Techstars, Breega, LoftyInc Capital.
Where is Flexpay headquartered?
Flexpay is headquartered in Nairobi, KE.