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African Startup Funding Tracker

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Nigeria’s Flex Finance Raises Pre-Seed Funding To Scale
Nigeria’s Flex Finance Raises Pre-Seed Funding To Scale

Nigerian fintech startup Flex Finance, a mobile ecosystem that helps MSMEs and solo entrepreneurs better manage and track their daily business expenses and finances, has raised a six-figure US dollar pre-seed funding round to support its growth. The round included Gumroad CEO Sahil Lavingia, LoftyInc Capital Management, Berrywood Capital, Paradox Capital, Kairos Angels, Brett Kopf, Julian Shapiro, Maneesh Arora, and others. 

Flex allows businesses to digitize their daily operations via a simple, accessible mobile platform. Equipped with an intuitive user interface, operating the app requires little-to-no financial knowledge. The startup aims to help MSMEs become smarter and more profitable.