Insights

BNPL Growth Payflex has a track record of expanding BNPL partnerships with major e-commerce and travel platforms (Shein, Travelstart), signaling ongoing demand for flexible payment solutions across online and travel sectors. This presents an opportunity to target large-scale retailers and travel platforms seeking to boost checkout conversion.

Retail Expansion Recent press mentions highlight Payflex enabling a variety of retailers in South Africa to offer pay later options, including fitness and nutrition brands. Sales outreach can focus on expanding into health, wellness, and consumer goods verticals that benefit from BNPL uptake.

Payment Innovation Payflex launched features like Pay in 3 and BNPL since 2021, indicating a willingness to innovate payment experiences. There is a sales angle to propose modern onboarding, merchant upskilling, and integration support with diverse tech stacks for prospective partners.

Market Positioning The competitor landscape includes PayJustNow, suggesting a dynamic BNPL market in South Africa. Positioning Payflex as a scalable, merchant-friendly solution with flexible funding terms could help win mid-market e-commerce platforms looking for reliable funding upfront.

Technical Enablement Payflex works with a broad tech stack and digital marketing tools, implying potential for partnerships that offer seamless integrations, analytics, and conversion optimization. Sales efforts can emphasize ease of integration and data-driven benefits to merchants.

Payflex Tech Stack

Payflex uses 8 technology products and services including Google Ads Conversion Tracking, Hotjar, iCIMS, and more. Explore Payflex's tech stack below.

  • Google Ads Conversion Tracking
    Analytics
  • Hotjar
    Analytics
  • iCIMS
    Applicant Tracking Systems
  • Preact
    Javascript Libraries
  • jQuery Migrate
    Javascript Libraries
  • PWA
    Miscellaneous
  • Windows Server
    Operating Systems
  • YouTube
    Video Players

Media & News

Payflex's Email Address Formats

Payflex uses at least 1 format(s):
Payflex Email FormatsExamplePercentage
First@payflex.co.zaJohn@payflex.co.za
79%
First.Last@payflex.co.zaJohn.Doe@payflex.co.za
21%

Frequently Asked Questions

What is Payflex's official website and social media links?

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Payflex's official website is payflex.co.za and has social profiles on LinkedInCrunchbase.

What is Payflex's NAICS code?

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Payflex's NAICS code is 52 - Finance and Insurance.

How many employees does Payflex have currently?

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As of July 2026, Payflex has approximately 73 employees across 3 continents, including AfricaNorth AmericaAsia. Key team members include Chief Marketing Officer: T. Z.Chief Operating Officer: H. K. N. D.Chief Technology Officer: F. B.. Explore Payflex's employee directory with LeadIQ.

What industry does Payflex belong to?

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Payflex operates in the Financial Services industry.

What technology does Payflex use?

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Payflex's tech stack includes Google Ads Conversion TrackingHotjariCIMSPreactjQuery MigratePWAWindows ServerYouTube.

What is Payflex's email format?

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Payflex's email format typically follows the pattern of First@payflex.co.za. Find more Payflex email formats with LeadIQ.

How much funding has Payflex raised to date?

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As of July 2026, Payflex has raised $500K in funding. The last funding round occurred on Apr 21, 2021 for $500K.

When was Payflex founded?

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Payflex was founded in 2018.
Payflex logo

Payflex

Financial ServicesGauteng, South Africa51-200 Employees

Payflex is a South African financial services provider offering a flexible payment solution for online and in-store purchases. The model pays merchants upfront while allowing shoppers to settle their balance over six weeks or in three installments, with no interest. This structure supports consumer affordability while ensuring merchants receive funds promptly. Based in Johannesburg, Gauteng, the company operates as a mid-sized firm serving retailers seeking alternative payment options for South African shoppers. In 2025, Shein partnered with Payflex to provide the payment option to South African customers.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2018
Employees
51-200

Section iconFunding & Financials

  • $500K

    Payflex has raised a total of $500K of funding over 1 rounds. Their latest funding round was raised on Apr 21, 2021 in the amount of $500Kas a seed.

  • $10M$25M

    Payflex's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $500K

    Payflex has raised a total of $500K of funding over 1 rounds. Their latest funding round was raised on Apr 21, 2021 in the amount of $500Kas a seed.

  • $10M$25M

    Payflex's revenue is estimated to be in the range of $10M$25M

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