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Flexiti
Financing & payment solutions
- 201-500 employees
- Fintech
- B2C
- B2B
- Enterprise
- Financial Services
- SaaS
- Sales
- Downtown Toronto, Toronto, ON
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Company mission
To help make customers’ lives more affordable and boost retailers’ sales by delivering cutting edge payment solutions.
19% employee growth in 12 months
Our take
The "Buy now, pay later" market has gone from a niche concept to one of the hottest trends in payments - with the industry now worth billions. The ease of applying and getting accepted for credit has meant that people generally save time and get what they need now, rather than waiting for the next pay check.
Flexiti is one of Canada's leading financial solutions providers, offering customers 0% interest on purchases instantly. The company's point-of-sale buy now, pay later method has proved incredibly popular, as it is able to benefit retailers and customers alike.
Lately, Flexiti has aimed to strengthen its securitisation structure and broaden its banking relationships as it continue grow. In 2022, it passed the $2 billion milestone for loan originations, showing that it is certainly not slowing down. On top of this, the company has upsized an existing credit facility, giving it access to an impressive over C$1 billion in capital to sustain its rapid growth and help meet increasing demand.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- A new and vibrant office environment and remote working capability
- Frequent fun activities (Sushi making, Yoga, Potlucks, etc.)
- RRSP program with company match
- Flexible work culture
- On-going learning opportunities with training and mentorship
- Comprehensive drug/medical/dental insurance, we pay your premiums!
- Extra-long weekends in the summer, paid volunteer day
Company values
- Sky’s the limit - We push boundaries, take responsible risks, learn from our mistakes and question the status quo
- Work in harmony - We come together to achieve greatness and foster an environment of trust while encouraging individual wellness
- Inspire great work - Using common sense and attention to detail, we aim for a flawless execution every time
- Hustle and have fun - We work smart and we play hard
Funding (last 2 of 3 rounds)
Aug 2017
$6.3m
EARLY VC
Nov 2016
$5m
SERIES A
Total funding: $15.3m
Leadership
Peter Kalen
(Founder & CEO)An extensive history as a Vice President for Citi Cards Canada and President's Choice Financial. Most recently, they were an Executive Vice President for Sears Canada.
Tracey Whittall
(COO)Extensive experience as a Vice President in Operations for CIBC with deep knowledge and experience in fraud programs, risk monitoring and internal audits.