November 10, 2023

Flowpay is a data and AI company providing technology infrastructure for embedded finance to support the growth of small and medium-sized enterprises (SMEs). It leverages predictive models and artificial intelligence to assess risk more precisely and to genuinely understand SME potential. Flowpay is a direct provider of working-capital financing for SMEs, offers embedded-finance solutions for SME platforms, and delivers Risk-as-a-Service (RaaS) to financial institutions.

Flowpay services:

• Working-capital loans for SMEs – Fast, fully online financing to help small and medium-sized businesses grow.
• Embedded-finance solutions for SMEs – A white-label solution integrated into POS systems, e-commerce platforms, and partner applications. The Flowpay platform helps increase customer retention and unlock new revenue streams.
• Risk-as-a-Service (RaaS) – Enables financial institutions to better understand SMEs through AI-driven predictive models based on alternative data and PSD2 data segmentation.

In 2022, they were selected as the only Czech startup for the Techstars accelerator for fintech startups from across Europe. Techstars is the world’s largest accelerator, with dozens of successful projects in its portfolio totaling over $127.7 billion in value. In 2023, they won the Technology Project of the Year award in the Vodafone Idea of the Year competition. In November 2024, they added first place in the prestigious Mastercard Banka roku awards, in the Fintech of the Year category.

In 2023, Flowpay concluded a significant partnership with Shoptet, the largest e-shop provider in the Czech market. Together, Flowpay and Shoptet introduced the new service Shoptet Boost, giving Shoptet clients (over 44,000 e-shops in total) the ability to obtain working-capital financing easily and directly within the platform’s admin interface.

However, Shoptet is just one of many platforms Flowpay works with. Flowpay is connected to more than 10 platforms, including global e-commerce platforms and the most important POS systems in the Czech market.

In 2024, Flowpay entered into a partnership with the Dutch payment platform Buckaroo, one of the leading payment solution providers in the Benelux region with more than 40,000 merchants.

Following successful expansion in 2024 to Slovakia and the Netherlands, Flowpay plans to continue extending its presence across Europe in the coming months.

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