FlexxPayrevenue & funding
Earned Wage Access SoftwareRiyadh, Saudi ArabiaFounded 2018CEO Michael Trüschler
FlexxPay is an Earned Wage Access Software company based in Riyadh, founded in 2018.
FlexxPay revenue
FlexxPay has not published its revenue. GetLatka estimates it at about $1.9M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $2.1M | – |
| Oct 2023 | $1.2MEST. | GetLatka estimate |
| Oct 2024 | $1.9MEST. | GetLatka estimate |
– source not recorded
FlexxPay funding rounds & investors
FlexxPay has raised $4.5M across two rounds since 2019. The latest was a $3M funding round in February 2021.
| Date | Round | Raised |
|---|---|---|
| Feb 2021 | Funding round | $3M |
| Dec 2019 | Funding round | $1.5M |
| Total raised | $4.5M |
FlexxPay competitors
FlexxPay competes most directly with BrightHR.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
 BrightHR | $8.1M | – | 522 | 2015 |
| FlexxPay | $1.9M | $4.5M | 23 | 2018 |
FlexxPay CEO, founders & employees
Michael Trüschler founded FlexxPay in 2018 and runs it as CEO. FlexxPay had 23 employees (October 2024, LinkedIn).
- Michael TrüschlerFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 23 | |
| Oct 2023 | 23 | |
| Oct 2022 | 35 | |
| Dec 2021 | 48 | |
| Apr 2021 | 24 | – |
FlexxPay FAQ
What is FlexxPay's revenue?
GetLatka estimates FlexxPay's revenue at about $1.9M a year (October 2024). The company hasn't published its own figure.
How much funding has FlexxPay raised?
FlexxPay has raised $4.5M across two funding rounds. The latest was a $3M funding round in February 2021.
How many employees does FlexxPay have?
FlexxPay had 23 employees in October 2024, according to LinkedIn.
Who is the CEO of FlexxPay?
Michael Trüschler is the CEO of FlexxPay and founded the company in 2018.
Who founded FlexxPay?
Michael Trüschler founded FlexxPay in 2018.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun FlexxPay? Join the podcast