Flexa

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.

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

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

• Digital asset payments
• Cryptocurrency payment processing
• Blockchain payment infrastructure
• Merchant payment acceptance
• Stablecoin payments

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. 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

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core 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

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, minor and strategic.

• Bealls Inc.coreChannel Partner/ Reseller/ Distributor · 20 October 2025Bealls 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)coreTechnology or Integration · 16 October 2025Flexa 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)minorChannel Partner/ Reseller/ Distributor · 9 December 2024Multiple luxury brands accepting cryptocurrency payments through Flexa, including Gucci which was one of the first global retailers to accept cryptocurrency.
• Electric Coin Co. (Zashi)strategicTechnology or Integration · 26 November 2024Integration 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.
• ReownstrategicTechnology or Integration · 11 November 2024Strategic 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.
• SheetzcoreChannel Partner/ Reseller/ Distributor · 31 October 2024Expanded 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 PartycoreStrategic or Co-development Partner · 1 June 2022Flexa 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

Direct 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

• Xx.com/flexahq
• GitHubgithub.com/flexa
• Facebookfacebook.com/flexa
• LinkedInlinkedin.com/company/flexahq

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors6 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 Flexa