Flexiti grabs $5m for POS financing

Flexiti Financial offers point-of-sale financing and payments technologies for its retail clients, and with $5 million in new funding, the company is set to expand across Canada. The firm announced Wednesday (Nov. 2) that it nabbed the new investment from Globalive Capital. According to Flexiti, its POS financing solution allows retailers to offer their consumer and business customers a new way to pay by offering financing, monthly or deferred payment plans or lines of credit via virtual, private-label credit cards. Read more: pymnts.com