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Flexiti logo — company profile

Flexiti

Founded 2013 Canada Toronto, Canada 390 employees Debt Financing Total: $643.25M Financial Services, Fintech +1

General Information

Company Name Flexiti
Founded Year 2013
Location Canada Toronto, Canada
Employees 390
Industries Financial Services, Fintech, CRM and Sales
Funding Stage Debt Financing
Social

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About Flexiti

**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.

Business keywords: 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 (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $527.00M 3
National Bank of Canada Waterfall Asset Management
National Bank of Canada, Waterfall Asset Management +1
10 Dec 2021
Debt Financing $80.00M 1
Credit Suisse
Credit Suisse
06 Sep 2018
Debt Financing $6.25M 1
Pyfera Growth Capital
01 Aug 2017
Series A $5.00M 1
Globalive
Globalive
02 Nov 2016
Debt Financing $25.00M 1
Liquid Capital Group
Liquid Capital Group
21 Mar 2016

Flexiti Alternatives & Competitors

View All Alternatives
Flexiti vs
Kafene
Kafene United States

We offer a flexible and affordable form of consumer financing that helps retailers serve a wider seg...

Debt Financing
135 employees
E-Commerce, Financial Services
Compare Flexiti vs Kafene
Flexiti vs
credia.store
credia.store Romania

making instalments easy for your customers

Pre-Seed
2 employees
Financial Services, Fintech
Flexiti vs
Credibly
Credibly United States

We believe in small businesses and the people who grow them.

183 employees
Finance, Financial Services
View all alternatives

FAQ About Flexiti

We’re the flexible way to pay™! Founded in 2013 by Peter Kalen, Flexiti is one of Canada's fastest-growing point-of-sale fintech lenders, providing Canadians with flexible financing options to help them make important purchases. Available at a network of over 8,000 top-tier Canadian retail locatio...
Flexiti was founded in 2013.
Flexiti is headquartered in Toronto, Canada.
Flexiti operates in Financial Services, Fintech and CRM and Sales. Its work centres on point-of-sale financing, sales financing platform, Canadian retail and 0% interest financing.
Flexiti has approximately 390 employees.
Flexiti has completed 5 funding rounds, raising a total of $643.25M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Flexiti include Kafene, credia.store, Credibly, Prospa, Kabbage from American Express. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Flexiti and Kafene are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Flexiti, https://bouncewatch.com/company/flexiti, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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