FlexPoint solves one of the biggest problem for MSPs - cash flow. With FlexPoint’s payment automation platform, MSPs can increase visibility into their cash flow and save time on manual processes. MSPs and their business clients can also seamlessly get access to capital to grow their business, FlexPoint said.
“MSPs are the catalyst for digital transformation. Yet when it comes to payments, MSPs are stuck dealing with manual and time-consuming processes,” said Victor Lopez, Co-Founder and CEO at FlexPoint. “FlexPoint makes payments simple and cash flow easier to manage for MSPs and their business clients. We are excited to build a payments solution that MSPs and their business clients can trust.”
“GreatAmerica has been serving the MSP community for over 30 years, providing financing solutions to differentiate, drive sales, and improve customer retention,” said Corey Kerns, VP and General Manager, Connected Technology Group at GreatAmerica. “GreatAmerica is excited to work with FlexPoint to make it easier to offer financing. This will allow FlexPoint customers to seamlessly provide financing quotes in the 12-60 month ranges and submit credit applications.”
FlexPoint's Funding Round
FlexPoint also announced a $2.4M investment led by Garuda Ventures, with participation from Far Out Ventures, Techstars, Cascade Seed Fund, and Lorimer Ventures as well as industry veterans including founders and executives from ConnectWise, NinjaOne, CyberFox, Rewst, Empath Cyber, and LifeCycle Insights.
“The market has been demanding a platform like FlexPoint for years and the opportunity to serve the MSP market has never been greater,” said Rishi Taparia, Co-Founder and General Partner at Garuda Ventures. “We’re excited to back Victor, Sam, and team, and help build the next category defining MSP focused software solution.”
