Markup

Seedflex raises US$3.2M seed+ to offer dynamic credit solutions to more merchants across Southeast Asia | Markup #1178

May 14, 2025 · 1 min read
Photo credit: Seedflex

 Flexible Funds

  • Fintech startup Seedflex raised US$3.2M in a round participated by 500 Global to fuel their expansion across Southeast Asia, with a launch in Indonesia already in the works.
  • Founded in 2024, Seedflex offers merchants access to Pay-As-You-Sell (PAYS) Advance, a dynamic credit solution that automatically adjusts loan amounts and repayment schedules based on sales revenue.
  • The company has seen a 35% average monthly revenue growth and is on track to breakeven in Malaysia by mid-2025.
  • Currently serving over 5,000 merchants, the team aims to scale to 50,000 by the end of 2025. They also partner with more than 10 merchant platforms that collectively reach around 80,000 MSMEs in Malaysia.
  • Co-founder & CEO Ritwik Ghosh shared, “In Malaysia, we started with online sellers and have now added F&B and offline retail businesses. Soon we will be also serving health clinics who have long delays in claim settlements.”
  • Read the full story on DealStreetAsia. A subscription may be required.
Daily
0
Share
• • • KEEP READING

Markup

  • Daily Markup is brought to you by 500 Global, Southeast Asia

  • All content herein is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Global”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Global and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Global, or an offer to provide any investment advisory service with regard to securities by 500 Global. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Global. Prospective investors considering an investment into any 500 Global fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Global fund may have a financial interest in one or more of the companies discussed

    All users of this website should note these important Terms of Use governing the use of this website.

  • Copyright © 2024 500 Global | All Rights Reserved

  • Privacy Policy
    Terms of Use
    Code of Conduct