Hamburg-based Flexvelop, a FinTech startup focused on the buying and leasing of equipment, has secured €44 million to establish further major partnerships with retailers and manufacturers.
The funding includes credit lines totalling €40 million from various refinancing partners and a further €4 million euros in equity from existing partners InnoVentureFonds (IVF) and Seventure Partners.
“We thank all investors and banks for the trust they have placed in us,” emphasises Dr Hans-Christian Stockfisch, CEO of Flexvelop. “The financing is of great importance for the expansion and further development of the company. Furthermore, Flexvelop has now finally completed its transformation from startup to ‘grown-up’ thanks to the equity increase.”
Founded in 2018 with the vision of offering companies an innovative alternative to buying and leasing equipment. The company‘s new type of financing called ‘Flexing’ combines the advantages of renting, leasing and loans in a single solution.
The all-digital processing enables SMEs to use devices such as laptops, coffee machines or medical equipment “immediately“, without tying up long-term capital. SMEs can buy or return the devices at any time, while Flexvelop bears the investment risk.
Through the systematic use of digital processes and customised conditions, Flexing claims to be one of the fastest, most cost-efficient and most flexible financing solutions for business equipment.
What once began with ‘flexing‘ devices for freelancers now also includes large-scale projects with up to 1k devices per company in various sectors.
IVF‘s Senior Investment Manager, Stefanie Höhn, is confident that “Flexvelop offers an urgently needed financing alternative for small and medium-sized companies,” she says. “Flexible financing models are more in demand than ever, especially in times of economic uncertainty – and we are convinced that Flexvelop will play a key role in this area. Having already invested with the IFH II seed fund, we are excited to continue to support the team with the IVF on the good path of their development.”
“Flexvelop has proven that its innovative rental model for companies works throughout Germany – and the potential is far from tapped. As a committed existing investor, we are keen to support the next phase of growth with our financing,” adds Julien Cazor, Venture Partner at Seventure Partners.
Flexvelop intends to use the fresh capital to establish further major partnerships with retailers and manufacturers. The company would also like to use the new funding to finance larger volumes in the future.
Parallel to the capital increase, Flexvelop is presenting a new corporate design. The new brand identity – with a modernised logo, new website and clear design lines – underlines the development from an agile start-up to an established financing platform.
“Overall, the rebranding is a logical step to emphasise our positioning as the leading rental financing solution for companies,” Stockfisch concludes.
Read the orginal article: https://www.eu-startups.com/2025/03/from-startup-to-grown-up-flexvelop-raises-e44-million-for-their-fintech-platform/
