Flexiti Financial Secures $6.3 Million

Fintech startup Flexiti Financial completed $6.3 million in financing from an undisclosed investor.

Flexiti Financial is a Canadian sales financing company founded in 2013. It aims to help retailers increase their bottom line by providing better sales financing options than standard credit cards, with lower interest rates, longer payment terms, and revolving credit. With a focus on outstanding customer service and led by an experienced team with extensive knowledge in the retail credit space, Flexiti leverages mobile technology with the goal of delivering the fastest application process available, generating high credit approvals with a flexible and responsible credit policy. It works with some of the world’s largest companies in the field of consumer financing to offer a robust, scalable and easy-to-use sales financing solution suited to multiple industry sectors.

In its announcement, Flexiti Financial said the new funds will allow the company to accelerate its growth and further develop its POS-lending platform technology.