What Flex does

Flex (Flexbase Technologies, Inc.) is a financial technology company that operates an AI-native private banking platform for closely-held middle-market business owners, generally those generating $3 million to $100 million in revenue. The platform unifies business banking (FDIC-insured checking up to $3M via Thread Bank), a 3-in-1 Net-60 business credit card (Visa Infinite, issued by Lead Bank, offering 0% interest for 60 days and up to 1.75% cashback), AP/AR automation (Bill Pay, AI Inbox, Invoicing), employee expense management, global payments to 180+ countries across 32 currencies, and revenue-based growth capital (Flex Capital). Flex does not hold its own bank charter; banking and card products are delivered through banking-as-a-service partners (Lead Bank, Thread Bank, Column N.A., Patriot Bank) and card networks (Visa, Mastercard). The core banking tier is free at $0 per month, monetized primarily via card interchange, with additional revenue from a 1% flat FX fee on international wires, a 4% Pay-by-Card transaction fee, revenue-based financing margins, and a forthcoming Flex Elite premium subscription.

The company's technology stack layers AI capabilities onto the banking and payments substrate, including an autonomous AP agent (AI Inbox) that converts vendor emails into coded journal entries, AI-driven underwriting that leverages Plaid-linked bank and accounting data to set custom credit limits, AI-powered expense monitoring with anomaly detection, and an Owner Intelligence (AI CFO) dashboard arriving in 2026 with cash flow projections and scenario-based insights. Flex has raised approximately $105 million in equity across multiple rounds, most recently a $60 million Series B led by Portage Ventures in December 2025, supplemented by a $200 million credit facility from Victory Park Capital. In April 2025, Flex acquired Maza for $40 million and rebranded it as Flex Consumer to enter the Spanish-speaking solopreneur segment, and in December 2025 launched Flex Elite, an invite-only premium consumer membership in partnership with Visa Infinite. Flex reports revenue quadrupled and total payments volume tripled over the trailing twelve months, with $3 billion in annualized TPV cited at Series B.

Name

Flex

Legal name

Flexbase Technologies, Inc.

Website

https://flex.one

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

101–250 employees

Short description

Flex (Flexbase Technologies, Inc.) is an AI-native fintech that combines business banking, a Net-60 Visa Infinite credit card, AP/AR automation, global payments, and growth capital into a single platform for closely-held U.S. middle-market business owners generating $3M-$100M in revenue, delivered via partner banks without holding its own charter.

Ownership category

akta.pro rank

Product category

Business Banking Platform

NAICS

Commercial Banking (522110), Credit Card Issuing (522210)

SIC

Finance Services (6199)

akta.pro primary industry

SME/Business Neobanks (FSABAFAB)

akta.pro secondary industries

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), SME Lending & Working Capital Platforms (FSAGAJAA)

Keywords

• Business banking platform
• Corporate credit cards
• Accounts payable automation
• Global payments
• Expense management software

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Card interchange fees: Primary revenue stream. Flex earns a share of interchange fees each time a customer makes a purchase on the Flex Card; the fee is split among Visa (card network), the merchant's bank, and Flex.
2. Flex Elite subscription (future): Optional premium subscription for Flex Elite, offering enhanced personal finance features, concierge support, lifestyle benefits, and Visa Infinite perks. Listed as 'Coming Soon' on the pricing page.
3. Foreign exchange fees: Flat 1% FX fee on international wire transfers and currency conversions across 32 currencies. Enterprise volume discounts available via direct contact.
4. Bill Pay Later / Pay-by-Card fees: 4% transaction fee when customers use the Flex Credit Card to pay vendors through Bill Pay (Pay-by-Card feature). Net-60 Bill Pay Later extends repayment up to 60 days.
5. Flex Capital (revenue-based financing): Revenue-based financing product where repayment is a percentage of customer revenue; not a loan or extension of credit. Generates financing-related income streams.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels8 records

Core offering

Flex is a financial technology company that operates an AI-native finance platform integrating business banking, a 3-in-1 Net-60 credit card, expense management, accounts payable and receivable automation, revenue-based growth capital (Flex Capital), and global payments across 180+ countries. Banking and card products are issued by partner banks (Lead Bank, Thread Bank, Column N.A., Patriot Bank) under Visa and Mastercard licenses, while Flex layers the software, AI (AI Inbox, Owner Intelligence), underwriting, and 24/7 concierge support on top for closely-held middle-market business owners.

Product overview

Flex (Flexbase Technologies, Inc.) is a single AI-native private banking platform aimed at high-net-worth middle-market business owners, combining business banking, a 3-in-1 credit card, expense management, AP/AR automation, and global payments under one login. The platform is anchored by Flex Business Banking (free checking with up to 2.47% APY and $3M FDIC coverage through Thread Bank), the Flex Business Credit Card (Net-60, 0% for 60 days, up to 1.75% cashback, Visa Infinite), and is being extended with the invite-only Flex Elite private banking membership for personal spend. Surrounding the core are modular products: Flex Capital (revenue-based growth capital), Bill Pay Later (60-day vendor financing), Bill Pay / AP Automation (AI-powered AP), Invoicing (AR Automation), Global Payments (180+ countries, 32 currencies), Employee Expense Management, and AI-native intelligence layers including AI Inbox (AP Agents) and the upcoming Owner Intelligence AI CFO. Flex also operates Flex Consumer (rebranded Maza) as a consumer-facing sub-brand for solopreneurs.

Differentiator

Problem solved

Functional benefit

Brands

• Flex Elite: Invitation-only premium consumer card and private banking membership program for high-net-worth individuals, offering elevated rewards, dedicated lifestyle concierge, and Visa Infinite travel benefits.
• Flex Consumer

Products and services

• Flex Business Banking Free, FDIC-insured business checking account for closely-held business owners, offering high-yield cash sweep, free same-day ACH and domestic wires, sub-accounts, and an integrated card and expense management experience. Banking services are provided by partner banks Column N.A. and Thread Bank.
• Flex Business Credit Card (3-in-1 Net-60 Visa Infinite Business) 3-in-1 business credit card combining 0% interest for 60 days on every eligible purchase, Net-60 extended payment terms, up to 1.75% unlimited cashback, and Visa Infinite travel and lifestyle rewards. Issued by Lead Bank under a license from Visa U.S.A. Inc. with unlimited employee cards.
• Flex Commercial Credit Card (Legacy) Legacy Net-60 corporate Mastercard offering 0% interest for 60 days on every eligible purchase, unlimited physical and virtual employee cards, fine-grained expense controls, and integrated banking. Being transitioned to the Flex Visa Infinite Business Credit Card.
• Flex Elite Invite-only private banking membership that combines a high-net-worth credit card, lifestyle concierge, Visa Infinite travel benefits, family expense management, premium rewards, and AI-driven personal finance, allowing one credit platform to span personal and business spending.
• Flex Capital Revenue-based growth capital offering customized repayment terms that scale with the customer's monthly revenue, with underwriting informed by integrated data from QuickBooks, Xero, NetSuite, Meta, and Amazon. Designed for profitable businesses with $150K+ monthly revenue and at least 12 months in business.
• Flex Bill Pay Later Lets businesses pay vendors via same-day ACH or wire using their existing Flex credit limit and then repay Flex over up to 60 days, preserving liquidity for growth with no extra setup or paperwork.
• Flex Bill Pay (AI-powered AP) No-fee AI-powered accounts payable automation that ingests invoices via PDF or email, streamlines approvals with visual workflows, and pays vendors by ACH, wire, or Flex credit, with automatic syncing to QuickBooks and NetSuite and built-in fraud detection.
• Flex AP Automation Unified accounts payable suite bundling Global Payments, Automated Bill Pay, Analytics, Pay By Card, and customizable approval workflows, with vendor management, W-9 tracking, AP aging reports, and QuickBooks/NetSuite sync.
• Flex Invoicing (AR Automation) Free invoicing tool that creates, sends, and tracks invoices paid via ACH or wire with automated follow-ups, automatic account reconciliation, and integration with existing accounting software.
• Flex Global Payments International payments engine covering 180+ countries and up to 32 currencies via the SWIFT network, with a flat 1% FX rate, $0 USD-to-USD wires, batch transfers to up to 1,000 recipients, and free global vendor onboarding. Payment infrastructure is provided by Visa Global Services Inc. and Currencycloud.
• Flex Employee Expense Management AI-driven employee expense management with automated receipt collection (SMS, app, email), custom spending policies by category and merchant, unlimited physical and virtual cards, real-time tracking, role-based access, and QuickBooks/Xero/NetSuite sync.
• AI Inbox (AP Agents) Autonomous AI agent that turns vendor emails into payments by capturing, categorizing, and analyzing invoices, flagging duplicates and discrepancies, matching purchase orders, queueing bills for approval, and posting automatic journal entries synced to QuickBooks and NetSuite.
• Flex Consumer (rebranded Maza) Consumer-facing financial platform for solopreneurs and Spanish-speaking consumers formed via the merger of Flex and Maza, providing entity formation, personal-and-business card lines, and consumer onboarding tools.

Quantifiable outcome

• 75% of customers (surveyed January 2025) highlighted improved cash flow as a primary reason for choosing Flex
• +6 more outcomes

Named customers21 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability11 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered flagship and core.

• Visa (and Lead Bank)flagshipTechnology or Integration · 28 July 2025Visa Infinite Business credit card network partner; Flex became the first fintech to launch a Visa Infinite Business Credit Card in July 2025. The card is issued by Lead Bank pursuant to a license from Visa U.S.A. Inc., offering luxury travel benefits, insurance protections, up to 60 days interest-free, up to 1.75% unlimited cashback, and Priority Pass access to 1,300+ airport lounges.
• Plaid Inc.coreTechnology or IntegrationUsed by Flex to gather customer data from financial institutions for bank account verification, fraud prevention, and underwriting creditworthiness during signup; data is not shared with third parties.
• QuickBookscoreTechnology or IntegrationAccounting integration partner; Flex syncs transactions, expense categories, and bill pay directly with QuickBooks Online for automated bookkeeping and seamless reconciliation.
• XerocoreTechnology or IntegrationAccounting integration partner for Flex's employee expense management and AP automation workflows.
• NetSuite (Oracle)coreTechnology or IntegrationERP integration partner; Flex syncs transactions, AI-inbox processed invoices, and journal entries directly with Oracle NetSuite for close automation.
• Visa Global Services Inc. (VGSI)coreTechnology or IntegrationProvides payment services for Flex (non-MIFID products) in the United States as a licensed money transmitter (NMLS ID 181032); licensed as a money transmitter by the New York Department of Financial Services; registered MSB with FinCEN and Foreign MSB with FINTRAC.
• CurrencyCloudcoreTechnology or IntegrationProvides payment infrastructure for Flex's global payments offering across 180+ countries; FCA-regulated e-money partners safeguard funds at a credit institution for international wires.
• Visa Infinite Travel ConciergecoreGTM or Marketing PartnerCo-marketed lifestyle benefit for Flex Elite members, providing private jets, exclusive villas, and bespoke travel itineraries curated via Visa Infinite concierge services.

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Stripe: Stripe is a broad incumbent in payments infrastructure — relevant to Flex Global Payments and Flex's overall payments-volume growth story as both companies pursue AI-embedded financial workflows for businesses.
• American Express: Amex is the incumbent benchmark for Flex Elite's premium positioning (Amex Centurion) and a broad incumbent across business cards, with established concierge, travel, and rewards infrastructure Flex must match in the HNW tier.

Direct peers

• Mercury: Mercury is a direct competitor on Flex Business Banking, serving startups and closely-held businesses with FDIC-insured deposits via partner banks, treasury management, and integrated payments — a near-analog of Flex's free banking tier and concierge model.
• Airbase: Airbase provides corporate cards, AP automation, and expense management for mid-market companies — overlapping Flex's Bill Pay, AI Inbox, and Expense Management modules in the same customer segment.
• BILL Holdings: BILL is the leading AP/AR automation platform for SMBs and mid-market, overlapping directly with Flex Bill Pay, AP Automation, Invoicing, and global payments; both target the same closely-held business owners with ERP-integrated payable workflows.
• Brex: Brex competes directly with Flex on the business credit card, expense management, and bill pay stack for venture-backed and mid-market companies; its embedded banking and AI-driven AP tooling overlap Flex Business Credit Card, Flex Bill Pay, and AP Automation.
• Ramp: Ramp is the closest direct competitor to Flex: a corporate card and spend-management platform targeting closely-held businesses, with bill pay, AP automation, and AI-powered expense controls — overlapping nearly every Flex product line in the same middle-market segment.
• Melio: Melio is a direct competitor in B2B bill payment for SMBs, offering ACH payments, international wires, and credit-card-based vendor payments that overlap Flex Bill Pay Later, AP Automation, and Global Payments.

Emerging players

• Highnote: Highnote is a BaaS-embedded card and banking platform targeting similar mid-market and embedded-finance use cases; relevant as both a potential partner (Flex uses BaaS banks) and an emerging competitor in the issuing-and-processing layer that powers Flex's card products.

Others

• Plaid: Plaid is a key infrastructure dependency for Flex's underwriting engine and bank-account verification; not a competitor but a critical data-pipeline provider whose pricing or API changes directly affect Flex's credit decisions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/flexsuperapp
• YouTubeyoutube.com/@FlexSuperApp
• Facebookfacebook.com/flexsuperapp
• LinkedInlinkedin.com/company/flex-super-app
• Instagraminstagram.com/flexsuperapp

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds12 records

Investors37 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flex