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FlexPay is a company that develops an AI-driven decline salvage platform. It uses machine learning models to determine the way to recover declined transactions analyzing their varying attributes in order to save money in chargebacks.
HQMontréal, CA
Employee Ratings4.4

Latest Updates

Employees (est.) (Sept 2021)32
Cybersecurity ratingBMore

FlexPay Office Locations

FlexPay has offices in Montréal and New York
Montréal, CA (HQ)
007-410 Rue Saint-Nicolas
New York, NY, US
347 5th Ave Suite #1402-186
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FlexPay Financials and Metrics

Summary Metrics

Founding Date


FlexPay total Funding

$9 m

FlexPay latest funding size

$6 m

Time since last funding

2 years ago

FlexPay investors

FlexPay's latest funding round in December 2019 was reported to be $6 m. In total, FlexPay has raised $9 m
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FlexPay Cybersecurity Score

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FlexPay Online and Social Media Presence

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FlexPay News and Updates

FlexPay Strengthens Leadership Team with Technology and Payments Industry Veterans

New leadership includes Steve Arentzoff, Senior Vice President of Marketing, and Ray Watson, Senior Vice President of Channel Partnerships and E-commerce. MONTREAL, July 6, 2021 /PRNewswire/ - FlexPay, the machine learning-powered Fintech company that identifies and solves payment...

FlexPay raises $6 million as it looks to attack ‘false declines’ in online payments

Montréal-based FinTech startup FlexPay, which is using AI to help e-commerce and subscription companies reduce credit card declines, has received a $6 million late...

BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined tra...

FlexPay Blogs

Payment Authorization Management

Payment Authorization Management The application of technology, expertise, data, and processes to improve payment authorization decision accuracy and increase the volume of legitimate transactions between merchants and customers. Download PDF » Book a Consultation » × Book a Consultation <![endif…

FlexPay Partners with Nexio to Deliver Streamlined Payment Recovery Approach

FlexPay Partners with Nexio to Deliver Streamlined Payment Recovery Approach Here at FlexPay, we’re focused on helping companies maximize recoveries from failed payments and reduce involuntary churn, and partnering with industry-leading payment management solutions, like Nexio, allows us to support …

Failed Payment Recovery: The Cost of Waiting

April 9, 2021 by: Alex Moisley One of the most important metrics for evaluating your recovery solution’s success is understanding your current failed payment recovery rate. This is how many failed credit cards you are already reclaiming. We refer to your ‘current recovery rate’ as your ‘baseline.’ Y…

On-Demand Recovery

February 24, 2021 by: Nick De Guise On-Demand Recovery: What is it? We offer On-Demand Recovery for customers to test our failed payment recovery solution before completing an integration with our API. On-Demand Recovery involves the customer sharing a file that contains a history of declines for ou…

Stripe: How to Access Your Stripe Secret Key

February 18, 2021 by: Alex Moisley Stripe Customers – thanks for choosing us as your failed payment recovery solution. Our team is so excited that you’ve decided to move forward with us. To set up your FlexPay account and begin decline salvage, our team needs access to your Stripe Secret […] The pos…

Stripe: Understanding Your Failed Payment Metrics

February 9, 2021 by: Alex Moisley How Do I Make Sense of Stripe’s Payment Failure Reports and Metrics? With over one million customers, Stripe is a complete payments platform. Their platform makes it easy for merchants to process online platforms.  Unfortunately, helping you understand your failed p…
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FlexPay Frequently Asked Questions

  • When was FlexPay founded?

    FlexPay was founded in 2011.

  • How many employees does FlexPay have?

    FlexPay has 32 employees.

  • Who are FlexPay competitors?

    Competitors of FlexPay include AllinCall, Relativity6 and Moneytor.

  • Where is FlexPay headquarters?

    FlexPay headquarters is located at 007-410 Rue Saint-Nicolas, Montréal.

  • Where are FlexPay offices?

    FlexPay has offices in Montréal and New York.

  • How many offices does FlexPay have?

    FlexPay has 2 offices.