On December 9, 2019, FlexPay announced the close of its $6 million late seed round led by Impression Ventures. The funding will be used to further the organization’s sales and marketing, as well as increase the company’s pool of merchants by accessing Shopify’s merchant base.
FlexPay is a Montreal based, growth stage FinTech firm that uses AI to help e-commerce companies reduce credit card declines.
Impression Ventures is a Toronto based Venture Capital firm with a focus on FinTech and related technology companies.
Osler, Hoskin & Harcourt LLP advised FlexPay with a team consisting of Chad Bayne (Emerging and High Growth Companies), Natasha Gould and Sarah Lazure (Corporate).
Osler, Hoskin & Harcourt LLP also advised Impression Ventures with a team consisting of Chima Ubani (Corporate), and Michael Grantmyre (Emerging and High Growth Companies).