Flexa Network
Latest round
- Seed
Last raised
- Apr 2019
Total raised
- $14M
Investors
- 4
About Flexa Network
Flexa Network Inc.Flexa Network Inc. specializes in payment solutions that facilitate digital asset transactions in retail environments. The company was founded in 2018 in New York, US, by Daniel McCabe, Trevor Filter, Tyler Spalding, and Zachary Kilgore.Flexa offers a suite of next-generation payment and loyalty solutions designed to facilitate the adoption of digital assets in the retail space. Their core offerings enable businesses to accept over 99 types of digital assets seamlessly across various points of sale, integrating with existing payment infrastructure without requiring significant financial investment. The solutions are particularly geared towards businesses transitioning away from traditional payment methods towards digital wallets and cryptocurrencies. Flexa's patented technology ensures instant payment authorization, complete fraud resistance, and compliance with KYC regulations, making it suitable for a diverse array of merchants.Flexa generates revenue through transaction-based fees from merchants that utilize its payment solutions. The transaction structure typically involves merchants paying a percentage fee for each digital asset transaction processed through the platform. This model supports both B2B and direct-to-consumer transactions, allowing retailers to enhance their payment offerings while reaching a broader customer base. Merchants benefit from increased customer engagement by providing the option to pay with digital assets. The company is working on launching additional payment solutions aimed at increasing the efficiency of digital asset transactions. They are targeting expansion into new geographic regions, particularly in Europe and Asia, by 2024. This growth strategy is designed to leverage the growing adoption of digital currencies and the demand for innovative payment methods in retail.
Who invested in Flexa Network
4 investors across 1 round
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Funding rounds
Seed
Apr 11, 2019
Amount
$14M
Investors
Questions about Flexa Network
Who invested in Flexa Network?
Flexa Network has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Flexa Network raised?
Flexa Network has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Flexa Network last raise money?
Flexa Network's most recent round on record is a Seed, in Apr 2019.
What does Flexa Network do?
Flexa Network is a software company.
Where is Flexa Network headquartered?
Flexa Network is headquartered in New York, US.
Which VCs invest in companies like Flexa Network?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Flexa Network's stage. Their profiles are linked below.
VCs backing software startups at Seed
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