Polish fintech Flexee raises $3M seed funding from JR Holding
29 April, 2022, 18:32
The Warsaw-based fintech startup Flexee has closed a $3 million (13 million złotych) seed round. The Polish investment firm JR Holding ASI was a lead investor, MamStartup reports.
- Founded in 2020 by Andrzej Nowak, Flexee offers an app that provides employees with permanent access to their salary, even before the payday. Furthermore, following the “salary on-demand” trend, the startup allows users to withdraw money for each workday.
- During the seed round, Flexee raised a total of $3 million from JR Holding. The investment includes $2 million in debt financing and $1 million in equity transactions.
“We see a lot of potential in this innovative solution in the Polish market. Flexee already has a portfolio of contracts signed with clients from various sectors. The funding will ensure that the service can be provided to all interested clients,”January Ciszewski from JR Holding comments on the investment.
- JR Holding is a Krakow-based joint-stock company investing in innovative sectors. According to CrunchBase, the firm’s portfolio includes Polish startups LiveKid and Pergamin.
- Using the fresh funding, Flexee expects to deliver its app to at least tens of thousands of customers in 2022.