Company
Every investor coverage indicates participated in a round Payflex raised.
Companies Payflex acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Payflex. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Larry Diamond, who started Zip, is stepping aside from its US top job as Joe Heck takes over and Kevin Moss joins the board; the piece also recounts the fintech's past raises and divestments.
Buy-now-pay-later provider Zip has agreed to sell its European unit Twisto and South African business Payflex, expecting roughly $20 million in net cash inflows while winding down its Middle East operations.
TechCrunch reports Zip's purchase of South African buy-now-pay-later firm Payflex, arguing Africa is an underserved market, and recaps the Australian company's earlier deals for Spotii, QuadPay and Twisto.