More than 50% of the workforce live from payday to payday, unable to cover unexpected expenses. We provide an instant pay platform allowing employees to access a portion of already earned salaries whenever needed, thus ending financial stress.
Location: Saudi Arabia, Riyadh Region, Municipality of Al Shamal
Phone: +971 52 768 2403
Total raised: $3M
Investors 5
| Date | Name | Website |
| - | Nuwa Capit... | nuwacapita... |
| 05.08.2021 | Target Glo... | targetglob... |
| - | VentureSou... | venturesou... |
| - | Arzan Vent... | arzanvc.co... |
| 23.11.2022 | Sukna Vent... | suknaventu... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.02.2021 | Series A | $3M | - |
Mentions in press and media 5
| Date | Title | Description |
| 16.02.2021 | Nuwa capital raises $75 million for its debut fund for Pakistan, among other regions | The Dubai-based Nuwa Capital has announced the first closure of its debut fund titled Nuwa Ventures Fund I – NVFI, set up to invest in startups from various regions across the globe, including Pakistan. The venture capital aims for another ... |
| 15.02.2021 | FlexxPay raises $3M in Pre-Series A funding round | UAE: FlexxPay, a Fintech operating in the UAE and KSA, has raised a $3M Pre-Series A funding round, led by JIMCO and Target Global. Several other investors participated in the round including Wamda, DIFC FinTech Fund, March Holding, Arzan V... |
| 11.03.2020 | FlexxPay Raises Pre-Series A Funding Round | FlexxPay Founders (L to R), Charbel Nasr, CTO and Michael Truschler, CEO FlexxPay, a fintech company focusing on employee benefit solutions, raised a pre-series A funding round of undisclosed amount. Backers included MEC Ventures, a newly e... |
| 03.07.2019 | Top tech startup news for today, Wednesday, July 3, 2019 | Below are some of the top tech startup news for today, Wednesday, July 3, 2019. TikTok is in hot water in the UK over children’s data privacy rights. TikTok, a popular app among teens and preteens that allows users to create and share shor... |
| 03.07.2019 | FlexxPay Raises Funding Round | FlexxPay.com, a Dubai, UAE-based social impact startup, raised a funding round of undisclosed amount. Backers included a group of individual and corporate investors. The company intends to use the funds to rollout its platform. Co-founded b... |