FlexWage Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Later Stage VC
  • (Cancelled)

  • Latest Deal Amount
  • $10M

  • Investors
  • 3

FlexWage General Information

Description

Provider of digital financial services intended to offer short-term capital and payroll card tools. The company's technology interfaces with employer human resource and payroll systems to provide employees with virtual cards to manage accrued wages within the pay cycle and assist households in avoiding the debt trap associated with using cost-lending alternatives, enabling employees to monitor their earned wages efficiently.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 7633 East Acoma Drive
  • Suite 100
  • Scottsdale, AZ 85260
  • United States
+1 (888)
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
TMT, FinTech
Corporate Office
  • 7633 East Acoma Drive
  • Suite 100
  • Scottsdale, AZ 85260
  • United States
+1 (888)

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FlexWage Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 09-Jun-2019 $10M Cancelled Generating Revenue
2. Later Stage VC (Series A) 01-Apr-2017 Completed Generating Revenue
1. Later Stage VC 04-Aug-2014 $3.5M $3.5M Completed Generating Revenue
To view FlexWage’s complete valuation and funding history, request access »

FlexWage Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of digital financial services intended to offer short-term capital and payroll card tools. The company's techno
Other Financial Services
Scottsdale, AZ
18 As of 2024

Atlanta, GA
 

Cairo, Egypt
 
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FlexWage Competitors (33)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Instant Financial Venture Capital-Backed Atlanta, GA
Nowpay Venture Capital-Backed Cairo, Egypt
Wagestream Venture Capital-Backed London, United Kingdom
Branch (Financial Software) Venture Capital-Backed Golden Valley, MN
Dopay Venture Capital-Backed Cairo, Egypt
You’re viewing 5 of 33 competitors. Get the full list »

FlexWage Patents

FlexWage Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8751338-B2 System and method of intra-cycle payment of accrued employee wages Active 05-Oct-2009
US-20110082778-A1 System and method of intra-cycle payment of accrued employee wages Active 05-Oct-2009

FlexWage Executive Team (6)

Name Title Board Seat
Frank Dombroski Co-Founder, President and Chief Executive Officer
Rocco Laterzo Co-Founder
Charles Hurst Senior Vice President, Technology
Paul Harbaugh Vice President, Business Development
Carl Morris Vice President, Compliance
You’re viewing 5 of 6 executive team members. Get the full list »

FlexWage Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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FlexWage Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Pathward Corporation Minority
Serenity Alternative Investment Management Hedge Fund Minority
Marathon Partners Equity Management Hedge Fund Minority
To view FlexWage’s complete investors history, request access »

FlexWage Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Sum180 01-Apr-2019 Financial Software
To view FlexWage’s complete acquisitions history, request access »

FlexWage FAQs

  • When was FlexWage founded?

    FlexWage was founded in 2009.

  • Who is the founder of FlexWage?

    Frank Dombroski and Rocco Laterzo are the founders of FlexWage.

  • Who is the CEO of FlexWage?

    Frank Dombroski is the CEO of FlexWage.

  • Where is FlexWage headquartered?

    FlexWage is headquartered in Scottsdale, AZ.

  • What is the size of FlexWage?

    FlexWage has 18 total employees.

  • What industry is FlexWage in?

    FlexWage’s primary industry is Other Financial Services.

  • Is FlexWage a private or public company?

    FlexWage is a Private company.

  • What is FlexWage’s current revenue?

    The current revenue for FlexWage is .

  • How much funding has FlexWage raised over time?

    FlexWage has raised $13M.

  • Who are FlexWage’s investors?

    Pathward, Serenity Alternative Investment Management, and Marathon Partners Equity Management have invested in FlexWage.

  • Who are FlexWage’s competitors?

    Instant Financial, Nowpay, Wagestream, Branch (Financial Software), and Dopay are some of the 33 competitors of FlexWage.

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