▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

FlexPoint raises $12M Series A funding to expand its partner led B2B payments network

FlexPoint, the trusted payments platform for managed service providers (MSPs) and the businesses they serve, announced today that it has raised $12 million in Series A funding led by Foundry Group, wi...

Business Wire

NEW YORK: FlexPoint, the trusted payments platform for managed service providers (MSPs) and the businesses they serve, announced today that it has raised $12 million in Series A funding led by Foundry Group, with participation from existing investors Haymaker Ventures, Garuda Ventures, Techstars, Far Out Ventures, and Cascade Seed Fund. This new round of funding brings FlexPoint’s total funding to $19.5 million since launching in March 2023.

This latest fundraise underscores FlexPoint’s rapid growth and cements its position as the leading payments platform for MSPs and the businesses they serve. With revenue growth of nearly 4x year over year, FlexPoint is trusted by over 40,000 businesses with their payments.

“The MSP market is the gateway to the $2 trillion global SMB technology market. 80% of all SMB technology spend is delivered by partners,” said Victor Lopez, Co-Founder and CEO at FlexPoint. “Our mission at FlexPoint is to build the B2B payments platform that powers SMB technology spend through our network of MSP partners.”

Through FlexPoint’s payments automation platform, MSPs, who typically provide mission critical technology services to small and midsize businesses, can automate their payments and grow their revenue. This latest round of funding will enable FlexPoint to double down on product development and further expand their MSP partner program.

“FlexPoint is bringing modern payments software to an underserved segment of the market through a unique partner led approach that creates a compelling distribution advantage,” said Jaclyn Freeman Hester, Partner, Foundry Group. “We're thrilled to partner with this team of relentlessly focused executors. Operating with deep customer orientation and user empathy, FlexPoint has quickly created the foundational customer love necessary to build a category-defining company.

For more information, please visit www.getflexpoint.com

About FlexPoint

Founded in 2022, FlexPoint is a payments platform purpose built for managed service providers (MSPs) and the businesses they serve. Through robust automations and deep integrations, FlexPoint makes payments simple and cash flow perfect for MSPs and their business clients. Learn more at www.getflexpoint.com

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Mastercard Incorporated to Host Information Session on Agentic Commerce…

On Monday, July 14, 2025 at 10:00 a.m. Eastern Time, Mastercard Incorporated (NYSE: MA) will host a session to explore Mastercard’s recent announcements…

Wave Function™ and Packsmith.ai: Redefining E-Commerce with AI Logistics

#3PL--Wave Function™, a New Bedford, MA-based founding partnership company, has invested in Packsmith.ai, a Los Angeles-based, AI-driven third-party logistics…

AI Unicorn EvenUp Opens New San Francisco Headquarters to Catalyze Growth…

#AI--EvenUp, the highest-funded AI technology company serving personal injury law firms, has officially opened its new headquarters at 353 Sacramento…

Amazon Prime Day 2025 Delivers Record Sales and Savings in Expanded Four-Day…

Amazon announced today that Prime Day 2025 was its biggest Prime Day event ever and that customers saved billions on deals across more than 35 product…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!