Flexiti Overview
- Founded
-
2013

- Status
-
Acquired/Merged
- Employees
-
450

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$113M
Flexiti General Information
Description
Provider of credit card services intended to offer competitive retail lending services. The company's services offer financing options on a private label credit card that makes shopping simple for consumers, retailers and approval process is quick, payment options are flexible and customers can shop at any retailer in the network, enabling customers to access promotional offers and shop as per their convenience.
Contact Information
Website
www.flexiti.com
Formerly Known As
Wellspring Financial
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Consumer Finance
Other Industries
Financial Software
Parent Company
Primary Office
- Post Office Box 332
- 130 King Street West, Suite 1740
- Toronto, Ontario M5X 1E1
- Canada
+1 (877) 000-0000
Flexiti Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 10-Mar-2021 | $113M | 00000 | 00000 | Completed | Generating Revenue |
8. Debt Refinancing | 06-Sep-2018 | 0000 | 00000 | Completed | Generating Revenue | |
7. Early Stage VC | 07-Jun-2018 | 00000 | 00000 | Completed | Generating Revenue | |
6. Early Stage VC | 17-Dec-2017 | 000 | 000.00 | Completed | Generating Revenue | |
5. Early Stage VC | 01-Aug-2017 | 00.000 | 000.00 | Completed | Generating Revenue | |
4. Accelerator/Incubator | 04-Apr-2017 | 000.00 | Completed | Generating Revenue | ||
3. Early Stage VC (Series A) | 02-Nov-2016 | 00.000 | 000.00 | Completed | Generating Revenue | |
2. Debt - General | 21-Mar-2016 | $25M | $29M | Completed | Generating Revenue | |
1. Early Stage VC | 07-Jul-2014 | $4M | $4M | Completed | Generating Revenue |
Flexiti Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of credit card services intended to offer competitive retail lending services. The company's services offer fin
Consumer Finance
Toronto, Canada
450
As of 2022
00000
0000
0000-00-00
000000&0
00000
Flexiti Competitors (2)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Financeit Canada | Private Equity-Backed | Toronto, Canada | 000 | 00000 | 000000000000 | |
000000000 | Formerly PE-Backed | Toronto, Canada | 000 | 00.000 | 000000&0 | 00.000 |
Flexiti Executive Team (22)
Flexiti Board Members (13)
Name | Representing | Role | Since |
---|---|---|---|
Anthony Lacavera | Self | Board Member | 000 0000 |
Barry Pickford | Self | Board Member | 000 0000 |
Brice Scheschuk | Globalive Capital | Board Member | 000 0000 |
Kevin Fettig | Flexiti | Board Member | 000 0000 |
Martin Parizeau | Self | Board Member | 000 0000 |
Flexiti Signals
Flexiti Former Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Credit Suisse | Investment Bank | Minority | 000 0000 | 000000 0 | |
Delaney Capital Management | Asset Manager | Minority | 000 0000 | 000000 0 | |
Globalive Capital | Corporation | Minority | 000 0000 | 000000 0 | |
Kenneth Hartwick | Angel (individual) | Minority | 000 0000 | 000000 0 | |
MaRS Investment Accelerator Fund | Venture Capital | Minority | 000 0000 | 000000 0 |
Flexiti Investments (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
0000000 0000 | 16-May-2022 | 000000000 | 00.000 | Buildings and Property | 00000 000 |
00000 0000000 | 15-Jun-2018 | 00000 0000 | Financial Software | 00000 000 | |
TD Financing Services (Credit Card Portfolio) | 07-Jun-2018 | Corporate Asset Purchase | 00000 | Buildings and Property | 00000 000 |