Crowdonomics
WatchlistPortfolio
All companies

Flexpay LLC

Operating

Fintech · Lewes, DE

Visit website
Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 1 round since 2022

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$255K
$30K
2020
$291K
$20K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
Income statement
Revenue
$255,055
$290,522
Cost of goods sold
$0
$0
Gross margin
100%
100%
Net income
$30,405
$20,032
Taxes paid
$13,178
$8,585
Balance sheet
Cash
$150,000
$157,082
Accounts receivable
$96,352
$102,367
Total assets
$250,989
$262,063
Short-term debt
$17,868
$13,503
Long-term debt
$133,309
$3,716
Total liabilities
$151,177
$17,219
Other
Headcount
—
10

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Cap table

Principal holders% as the filing states it, Dec 20, 2022

  • Richard Machomba30.0%of company
  • Johnson Mwangi20.4%of company

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Convertible Note · Aug 2022Failedvia MICROVENTURE MARKETPLACE INC.
Raised $0 / $1.1M

Team

2 people
Richard Machomba
Chief Executive Officer (CEO)
Johnson Gituma
Managing Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UJan 11, 20230001930496-23-000001
    EDGAR
  • Form C/ADec 20, 20220001930496-22-000003
    EDGAR
  • Form CAug 9, 20220001930496-22-000001
    EDGAR
Source: SEC EDGARCIK 0001930496DELast synced Aug 17, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.