Flex Finance vs Volopay
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Flex Finance
Award-winning Spend Management & Corporate cards solution for Businesses in Africa, BusinessDay Sme Tech of the Year
35 employees · est. 2019 · Lagos, Nigeria
Volopay
With Volopay, companies can control expense approvals, make bill payments, manage company cards, all on one platform
126 employees · est. 2020 · Singapore, Singapore
Flex Finance is the older company (2019 vs 2020); Volopay is the larger of the two.
Side-by-Side Comparison
| Metric | Flex Finance | Volopay |
|---|---|---|
| Founded | ||
| Founded | 2019 older | 2020 |
| Headquarters | ||
| Headquarters | Lagos, Nigeria | Singapore, Singapore |
| Employees | ||
| Employees | 35 | 126 larger |
| Industry | ||
| Industry | B2B, Financial Services, Fintech | AI, Analytics, Finance |
| Funding Stage | ||
| Funding Stage | Seed | Series A |
| Total Funding | ||
| Total Funding | $780.00K | $31.33M |
| Funding Rounds | ||
| Funding Rounds | 5 | 5 |
| Services | ||
| Services | Not tracked yet | Corporate Card Issuance, Expense Tracking, Invoice Management, Real-time Expense Reimbursement, Global Business Accounts |
| Target Customers | ||
| Target Customers | Not tracked yet | Startups, Medium Enterprises, Large Enterprises, Finance Teams, Procurement Teams |
| Taxonomy | ||
| Taxonomy | Spend ManagementCorporate CardsBusiness SolutionsFinance ManagementDigital RequisitionsBulk Payment Transfers +9 | Corporate CardsExpense ManagementAccounting IntegrationsAutomated Financial OperationsFinance Team EmpowermentAPAC Financial Solutions +9 |
| Website | ||
| Website | flexfinance.ai | volopay.com |
About Flex Finance
Flex Finance(500 Startups 'W22) is an award-winning spend management and corporate cards solution for businesses in Africa. Recognized as the BusinessDay SME Tech of the Year, Flex Finance aims to alleviate the stress of spend management for business owners and finance teams in Africa. Founded in 20...
About Volopay
Volopay, founded in 2020 and headquartered in Singapore, is emerging as a notable entity in the Fintech landscape. It provides an integrated financial solution platform focusing on corporate cards, automated expense management, and accounting integrations. The company’s platform allows businesses t...
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Compiled from the BounceWatch company index. We last looked at Flex Finance on 12 Sep 2024, and Volopay on 25 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
