Montreal based software that allows merchants to recoup revenue lost from falsely declined transactions, has raised $6m led by Impression Ventures.
“2019 was a year of significant in-roads,” reflected Darryl Hicks, CEO of FlexPay. “We surpassed the two million declines-processed mark and multiplied our integration points eightfold, giving us access to a pool of $4 billion in annual declines, 40,000 merchants and 80 million end-customers. The next logical step was to invite venture partners to join us and add their capital and expertise to accelerate us to help billions of end-customers get their transactions approved.”
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