Flexa
Flexa is a New York-based digital asset payment infrastructure provider founded in 2018, enabling merchants and wallet apps to accept and process cryptocurrency and stablecoin payments instantly via a 1% transaction fee across 60,000+ locations.
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Flexa does
Flexa is a New York-based digital asset payment infrastructure provider founded in 2018 that enables merchants to accept cryptocurrency and stablecoin payments across physical and digital points of sale. The company operates a modular product portfolio: Flexa Payments (omnichannel merchant acceptance supporting 99+ digital assets with sub-500ms authorization and zero chargebacks), Flexa Terminal (POS hardware/software), Flexa Components (prebuilt UI SDKs for iOS, Android, and React Native wallet apps), and Flexa Capacity (on-chain collateralization using the AMP token managed through Anvil vaults). Underlying the platform is a patented collateralization model where staked AMP tokens guarantee instant, fraud-proof settlement across multiple blockchain networks including Bitcoin, Ethereum, Solana, Lightning, Litecoin, Polygon, Zcash, and Base.
Flexa generates revenue primarily through a 1% merchant transaction fee on digital asset payments, materially below the 2-3% charged by traditional card networks, and through money transmission services across its licensed jurisdictions. Its customer base spans enterprise retail anchors (Sheetz at 750+ locations, Bealls Inc., Chipotle, Regal Cinemas, 99 Ranch Market, luxury brands like Mikimoto and Gucci) and wallet developers integrating via the Flexa Components SDK (Zashi, Nighthawk, Reown WalletKit). Distribution combines direct enterprise sales, developer self-serve SDK integration, and channel partnerships with payment service providers and platforms such as Coinbase's Base.
The company is registered with FinCEN as a money services business (NMLS ID 1840599), holds money transmitter licenses in 42+ U.S. jurisdictions plus DC and Puerto Rico, and is registered as a Bitcoin service provider in El Salvador. The business pivoted in March 2026 with the shutdown of its SPEDN consumer app, refocusing entirely on B2B merchant infrastructure and developer tools. Total disclosed funding is approximately $20.1M across 2019 and 2020 rounds, and the company operates with an 11-50 employee headcount.
Flexa firmographics
Firmographics- Name
- Flexa
- Legal name
- Flexa Inc.
- Website
- https://flexa.co
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Flexa is a New York-based digital asset payment infrastructure provider founded in 2018, enabling merchants and wallet apps to accept and process cryptocurrency and stablecoin payments instantly via a 1% transaction fee across 60,000+ locations.
- Ownership category
- akta.pro rank
Flexa industry classification
Industry- Product category
- Digital Payments Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB), Embedded Wallets (Platforms & Marketplaces) (FSAMAEAM)
Keywords
Where Flexa is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Flexa business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Processing Fees: Flexa charges merchants a 1% transaction fee for processing digital asset payments, significantly lower than traditional credit card processing fees which typically range from 2-3%. This is the primary revenue stream from merchant integrations.
- Money Transmission Services: As a licensed money services business and money transmitter, Flexa generates revenue through digital currency payment processing and transmission services across its licensed jurisdictions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Merchant Transaction Fee |
| Other | Pay-as-you-go | Bug Bounty Rewards |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
Flexa product offering
Product offeringCore offering
Flexa operates a digital asset payment processing platform that enables merchants to accept 99+ cryptocurrencies and stablecoins across in-store, online, and in-app channels. The stack combines a merchant-facing payment API with prebuilt wallet-app SDKs and an on-chain collateralization protocol (AMP via Anvil vaults) that guarantees instant, fraud-proof payment authorization in under 500 milliseconds with zero chargebacks. Merchants are charged approximately 1% per transaction, materially below traditional card processing fees, and Flexa is licensed as a money transmitter in all 50 U.S. states plus DC, Puerto Rico, and El Salvador.
Product overview
Flexa is a digital payments platform offering a modular portfolio of products centered on enabling merchants to accept digital asset (cryptocurrency) payments. The core platform consists of Flexa Payments (omnichannel digital asset acceptance for merchants), Flexa Terminal (point-of-sale crypto acceptance), Flexa Components (prebuilt SDKs for wallet apps), and Flexa Capacity (on-chain collateralization via AMP tokens managed through Anvil vaults). Flexa Payments processes transactions in 99+ digital assets including USDC, Bitcoin, Ether, Litecoin, Zcash, and more, offering instant authorization, fraud-proof settlement, and zero chargebacks. The company also previously operated the SPEDN consumer wallet app (shut down March 2026) and has integrated Base Pay for USDC checkout, Anvil for collateral management, and partnerships with wallet apps like Zashi and Reown WalletKit. Flexa is licensed as a money transmitter across numerous U.S. states and operates globally from New York.
Differentiator
Problem solved
Functional benefit
Brands
- Flexa Payments: Digital asset payment acceptance solution for merchants across all channels.
- Flexa Terminal
- Flexa Components
- Flexa Capacity
- SPEDN
Products and services
- Flexa Payments Digital asset payment acceptance platform that enables merchants to accept 99+ cryptocurrencies and stablecoins across in-store, online, and in-app channels with instant authorization in under a second, zero chargebacks, and flexible currency payouts.
- Flexa Terminal Point-of-sale software solution enabling merchants to accept cryptocurrency payments at the checkout counter, integrating with existing POS hardware and systems for seamless in-person digital asset transactions.
- Flexa Components Prebuilt mobile UI SDK for iOS, Android, and React Native that enables digital asset wallet apps to interface directly with Flexa-powered merchant point-of-sale systems with instant on-chain, self-custody payment support and full payment confirmation screens.
- Flexa Capacity On-chain collateralization and liquidity system that provides digital asset payment capacity for the Flexa network. Collateral providers stake AMP tokens through Anvil vaults and earn network rewards, enabling guaranteed fraud-proof payment settlement.
- Mini App Payments Digital asset acceptance layer for popular social wallets that enables in-app merchant payment at Flexa-enabled locations via wallet mini apps.
- Tap to Pay NFC-based payment capability enabling hardware-wallet crypto transactions at retail merchants through the Flexa point-of-sale app.
Quantifiable outcome
- 1% transaction fee vs 2-3% for credit cards
- +3 more outcomes
Companies that use Flexa
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Flexa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature5 records
Flexa partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and strategic.
- Bealls Inc.coreBealls Inc. partnered with Flexa to become the first major U.S. retailer to accept multiple cryptocurrencies through Flexa Payments at stores nationwide. The new system supports over 99 digital currencies and reflects increasing consumer demand for cryptocurrency payment options.
- Base Pay (Coinbase)coreFlexa integrated Base Pay as a default checkout option, enabling merchants to accept USDC digital asset payments more efficiently. The integration allows in-person and online payments with stablecoin rewards and passkey confirmation.
- Luxury Brands (Gucci, Dior, Tiffany's, Louis Vuitton, Balenciaga)minorMultiple luxury brands accepting cryptocurrency payments through Flexa, including Gucci which was one of the first global retailers to accept cryptocurrency.
- Electric Coin Co. (Zashi)strategicIntegration of Flexa Components into the Zashi wallet app enables ZEC holders to spend shielded Zcash at thousands of Flexa-enabled retail locations while maintaining Zcash's privacy features. Zashi is the first wallet to integrate Flexa via the Flexa SDK.
- ReownstrategicStrategic partnership integrating Reown's WalletKit into Flexa Components, enabling wallet developers to embed WalletConnect support and achieve WalletConnect Certified status more efficiently. Announced at WalletCon II in Bangkok.
- SheetzcoreExpanded partnership with Sheetz to enable digital currency payments at all 750+ Mid-Atlantic locations. Customers can use various digital assets including stablecoins like USDC for in-store purchases. Sheetz is Flexa's largest convenience store partner.
- Drop PartycoreFlexa announced plans to acquire Drop Party, a marketing technology company specializing in customer engagement through live events and campaigns, in June 2022. The acquisition aimed to enhance Flexa's product offerings in digital payments and merchant marketing, with Drop Party's founders taking leading roles in the new marketing division.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Flexa competitors and assessment
Company assessmentDirect peers
- Coinbase Commerce: Coinbase's merchant-facing crypto and USDC payment acceptance product. Directly comparable to Flexa Payments: enables merchants to accept digital assets with settlement, and Flexa's Base Pay integration is built on top of Coinbase's Base infrastructure.
- NOWPayments: Crypto payment gateway accepting 300+ digital assets for merchants, with POS, e-commerce plugins, and mass payouts. Comparable to Flexa in multi-asset merchant acceptance and developer/SDK-based integration model.
- Alchemy Pay: Crypto payment gateway bridging fiat and digital assets across online and offline channels, with merchant and POS integrations globally. Comparable to Flexa Payments in offering crypto acceptance to enterprise merchants and PSPs.
- BTCPay Server: Open-source, self-hosted crypto payment processor used by merchants worldwide for direct Bitcoin and Lightning acceptance. Competes with Flexa Terminal and Flexa Payments for merchant point-of-sale digital asset acceptance, particularly among self-custody-focused merchants.
- CoinGate: Merchant-focused crypto payment processor supporting 70+ cryptocurrencies with POS, e-commerce plugins, and instant settlement. Overlaps with Flexa Payments and Flexa Terminal in serving enterprise and SMB retail digital asset acceptance.
- BitPay: One of the longest-standing crypto payment processors, offering merchant acceptance of BTC, ETH, stablecoins and more. Named alongside Flexa as a stablecoin payment option for merchants; competes directly for the same enterprise retail integrations.
Broad incumbents
- Shopify Payments (crypto integrations): Shopify's commerce payment stack that includes integrations with crypto payment processors. Serves many of the same SMB and mid-market merchants Flexa targets, and is referenced as a competitor alongside BitPay and Coinbase.
- Circle (USDC): Issuer of USDC stablecoin, which Flexa routes via Base Pay. While not a direct merchant POS competitor, Circle is the upstream stablecoin infrastructure provider that Flexa's value proposition increasingly depends on.
- Ripple (XRP / RLUSD payments): Enterprise blockchain payments network with stablecoin (RLUSD) and cross-border payment rails. Comparable to Flexa as a regulated, enterprise-oriented digital asset payment network targeting banks and large merchants.
Emerging players
- MoonPay: Crypto payments infrastructure and on/off-ramp provider for wallets, NFTs, and merchants. Overlaps with Flexa's wallet-side integrations and Reown/WalletKit ecosystem partnerships, though MoonPay focuses more on fiat onramp than merchant POS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Flexa social profiles
Digital presenceFlexa compliance and trust
Trust signalCompliance8 records
Flexa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flexa leadership team
Management profileNumber of profiles
Profiles2 records
Flexa funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flexa M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flexa
What does Flexa do?
Flexa operates a digital asset payment processing platform that enables merchants to accept 99+ cryptocurrencies and stablecoins across in-store, online, and in-app channels. The stack combines a merchant-facing payment API with prebuilt wallet-app SDKs and an on-chain collateralization protocol (AMP via Anvil vaults) that guarantees instant, fraud-proof payment authorization in under 500 milliseconds with zero chargebacks. Merchants are charged approximately 1% per transaction, materially below traditional card processing fees, and Flexa is licensed as a money transmitter in all 50 U.S. states plus DC, Puerto Rico, and El Salvador.
Is Flexa a public or private company?
Flexa is a private company. It is classified as venture growth investor backed and is currently operating.
When was Flexa founded?
Flexa was founded in 2018. It employs 11 to 50 people.
Where is Flexa based?
Flexa is headquartered in New York, United States, in the North America region.
How does Flexa make money?
Two revenue lines are on record. Transaction Processing Fees are the primary driver. The others are money Transmission Services.
Who are Flexa's main competitors?
Direct peers on record are Coinbase Commerce, NOWPayments, Alchemy Pay, BTCPay Server, CoinGate and BitPay. Broad incumbents are Shopify Payments (crypto integrations), Circle (USDC) and Ripple (XRP / RLUSD payments). MoonPay is listed as an emerging player.
Does Flexa have an API?
Yes. Flexa offers a public API for integrating digital asset payments into merchant point-of-sale systems. The API uses ISO 8601-formatted versioning. Developers can integrate Flexa Payments for accepting 99+ digital assets in under a second. The Flexa SDK (software development kit) is available for iOS, Android, and React Native, providing prebuilt UI components (Spend and Scan) for wallet apps to interface directly with Flexa-powered merchant payment systems in-person and online. SDK integration is available via Swift Package Manager, CocoaPods, GitHub Package Registry for iOS, Gradle/Maven Central for Android, and npm/yarn for React Native. The Flexa Capacity dApp (at app.flexa.network) handles on-chain collateral management (AMP token). API keys can be rotated at any time. Developer documentation is at docs.flexa.co/introduction.
What industry is Flexa in?
Flexa's product category is Digital Payments Infrastructure. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSAPAEAB, Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption). Its NAICS code is 522320 and its SIC code is 6199.