Flex Rewards
Flex Rewards (Flextech.io Pte. Ltd.) is a Singapore-based SaaS provider of a QR-code digital loyalty stamp card platform serving primarily SMBs in food-and-beverage, retail, and services across the USA, UK, Canada, Australia, New Zealand, and Singapore, with a Digital Passport sub-product for BIAs, malls, and events.
- Company typePrivate
- Founded2001
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Flex Rewards does
Flex Rewards (legal entity Flextech.io Pte. Ltd.) is a Singapore-incorporated SaaS provider of a digital loyalty stamp card platform targeted primarily at small and medium businesses in food-and-beverage, retail, and service categories. Its core product, Flex Loyalty Plus+, is sold at $36 per month per single venue (with published add-on pricing for additional locations) and lets merchants design branded digital stamp cards (configurable from 1 to 1,000 stamps), configure automated Welcome, Birthday, Referral, Survey, We-Miss-You, and Loyalty rewards, send push notifications and email campaigns, and access real-time member analytics segmented into Sticky and VIP cohorts. The customer-facing stamp collection flow uses QR codes scanned via phone camera in the browser, eliminating the need for app downloads — a key friction-reducing differentiator versus app-first loyalty products. A sub-product, Digital Passport (also marketed as Digital Shopping Passport), enables Business Improvement Associations, malls, farmer's markets, and event organizers to run multi-venue stamp campaigns with prize draws, priced case-by-case.
The go-to-market motion is product-led: merchants sign up via a self-serve web dashboard on a 30-day free trial with no sales call required, supplemented by inside-sales chat support and a dedicated account manager. Supporting products include a Merchant Dashboard for configuration, a Companion App (browser-based) for staff stamp issuance and redemption, and a Customer App available on iOS and Android. Pricing surface includes a Startup Billing Package (free until the merchant's 50th customer) and a Community Giving Package (free or discounted for nonprofits and educational institutions). Stripe handles all payment processing with Flex Rewards not storing merchant credit card data.
The company reports thousands of merchant customers across four continents (USA, UK, Canada, Australia, New Zealand, and Singapore). Named logos are predominantly SMBs (Nutrition Wonderland, Booster Juice Duncan, No Moo Soft Serve, Craftsmen Speciality Coffee, Brighton Bier, Barber N Bar, Machan's Kitchen) with selected enterprise references via Digital Passport deployments (North American Properties, Queen Ka'ahumanu Center, Gulfeagle Supply, Kemper Sports, Downtown Austin Alliance). The founder Simon Cheong is the disclosed leadership figure; ownership commentary indicates the entity is founder-owned/bootstrapped with no disclosed institutional equity backing. Granted patents cover the digital loyalty system in Singapore and China, with a US application pending; the FLEX REWARDS trademark is registered in USA, PRC, EU, UK, and Singapore. Distribution relies on content marketing (Flex Rewards Digest blog), organic social, SEO, email/newsletter, a YouTube explainer, earned media, and an affiliate program announced for 2026 launch.
Flex Rewards firmographics
Firmographics- Name
- Flex Rewards
- Legal name
- Flextech.io Pte. Ltd.
- Website
- https://myflexrewards.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Flex Rewards (Flextech.io Pte. Ltd.) is a Singapore-based SaaS provider of a QR-code digital loyalty stamp card platform serving primarily SMBs in food-and-beverage, retail, and services across the USA, UK, Canada, Australia, New Zealand, and Singapore, with a Digital Passport sub-product for BIAs, malls, and events.
- Ownership category
- akta.pro rank
Flex Rewards industry classification
Industry- Product category
- Customer Loyalty Software
- akta.pro primary industry
- Loyalty, Rewards & Retention Platforms (BPAFAFAH)
- akta.pro secondary industry
- Loyalty, Rewards & Incentive Programs (BPAFAMAE)
Keywords
Where Flex Rewards is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Flex Rewards business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Flex Loyalty Plus+ Subscription: Monthly subscription model at $36/month for single venue. Includes unlimited members, all features, and 24/7 support. No setup fees. Additional venues available at published monthly rates.
- Digital Shopping Passport: Monthly subscription for group hosts (BIAs, malls, conferences). Priced case-by-case based on number of outlets covered. May include initial setup fee.
- Additional Venue Locations: Merchants can purchase additional store locations at published monthly rates beyond the included 1 venue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flex Loyalty Plus+ - $36/month |
| Freemium | Monthly | 30-Day Free Trial |
| Freemium | Monthly | Startup Billing Package - Free until 50 customers |
| Subscription | Monthly | Community Giving Package - Free/discounted for nonprofits |
| Subscription | Monthly | Digital Shopping Passport - Custom pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Flex Rewards product offering
Product offeringCore offering
Flex Rewards provides a SaaS digital loyalty platform that lets small and medium businesses run branded stamp card loyalty programs. Customers collect stamps by scanning a merchant's QR code with their phone camera - no app download required - and receive automated rewards, push notifications, and email communications. The platform supports single-venue SMB loyalty, plus a multi-venue Digital Passport product for Business Improvement Associations, malls, and conferences.
Product overview
Flex Rewards offers a unified digital loyalty platform built around its core Flex Rewards Digital Loyalty Platform product. The primary subscription offering is Flex Loyalty Plus+, which provides unlimited members, multiple venue support, and various automated reward types (welcome, birthday, referral, survey). The Digital Passport sub-product extends the platform for multi-venue campaigns for BIAs, malls, and conferences. The platform consists of the Merchant Dashboard for business configuration and management, the Companion App for staff operations, and a Customer App for end-users. All components share the same underlying loyalty infrastructure with QR-based stamp collection, automated messaging, and data analytics.
Differentiator
Problem solved
Functional benefit
Products and services
- Flex Rewards Digital Loyalty Platform Digital loyalty stamp card platform that enables single-venue businesses to create branded stamp cards, issue stamps via QR code scanning, manage rewards, send push notifications and emails, and track customer analytics. No app download is required for customers, who scan QR codes via their phone camera in a browser.
- Digital Passport Multi-venue digital stamp passport product for Business Improvement Associations, markets, malls, and conferences. Customers collect stamps from different venues to complete a passport and qualify for prize draws, replacing paper stamp passports with a digital, real-time trackable alternative.
- Flex Rewards Customer App Mobile application for end consumers to collect stamps, manage loyalty cards, and redeem rewards across Flex Rewards merchants, available on iOS and Android app stores.
Quantifiable outcome
- Acquiring a new customer can cost five times more than retaining an existing customer
Companies that use Flex Rewards
Customer profileNamed customers19 records
Segments4 records
Ideal customer profiles2 records
Flex Rewards technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Flex Rewards partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- StripecorePayment processing infrastructure for subscription billing. Handles credit card processing. Merchant credit card details are not stored with Flex Rewards.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Flex Rewards competitors and assessment
Company assessmentDirect peers
- Thanx: Thanx provides a digital loyalty and customer engagement platform focused on restaurants and food & beverage SMBs. Direct competitor in the F&B loyalty vertical with overlapping merchant profiles (cafes, bars, QSRs) and similar feature set (rewards, automated messaging, analytics).
- Square Loyalty (Block): Square Loyalty offers a digital loyalty program built into Square's POS/payments platform, targeting SMB retailers and food & beverage merchants with a free or low-cost tier. Direct competitor to Flex Rewards' SMB loyalty stamp card offering, with the key difference of Square bundling payments infrastructure.
- Como: Como offers a customer engagement and loyalty platform for SMBs across retail, hospitality, and F&B, with features including digital stamp cards, push notifications, and segmented communications. Comparable in customer base, feature set, and SaaS delivery model.
- Smile.io: Smile.io provides a digital loyalty/rewards platform for SMB and DTC merchants with points, referrals, and VIP tiers on a SaaS subscription. Closely comparable PLG motion, SMB focus, and SaaS pricing structure to Flex Rewards.
- PassKit: PassKit enables businesses to issue mobile wallet loyalty cards, passes, and coupons via Apple Wallet and Google Pay. Comparable in delivering digital loyalty through mobile channels, with an overlapping SMB customer base and similar SaaS subscription pricing model.
- Stamp Me: Stamp Me offers digital loyalty stamp cards via a mobile app for SMB retailers, cafes, and restaurants. Direct product overlap with Flex Rewards' core digital stamp card offering, with a similar target market of small food & beverage and retail merchants.
- LoyaltyLion: LoyaltyLion is a SaaS loyalty platform for Shopify and ecommerce SMBs offering points, tiers, and rewards programs on a monthly subscription. Directly comparable in business model (subscription SaaS for SMB merchants) and use cases (customer retention through automated rewards).
Broad incumbents
- Punchh: Punchh is an enterprise-grade digital loyalty platform serving restaurant chains and multi-unit food & beverage operators. Comparable product set (loyalty cards, automated rewards, customer data) but targets larger enterprise customers than Flex Rewards' SMB core.
- Yotpo: Yotpo is a well-funded marketing platform offering loyalty, reviews, SMS, and subscriptions primarily for ecommerce merchants. Broader feature set and larger scale make it a broad incumbent in the loyalty/rewards platform space where Flex Rewards competes.
- Belly (Clover Network): Belly was a digital loyalty platform for SMBs acquired by Clover/First Data (now Fiserv), integrated into the Clover POS ecosystem. Comparable historical product offering to Flex Rewards but now distributed as part of a broader incumbent POS platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Flex Rewards social profiles
Digital presenceFlex Rewards financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flex Rewards leadership team
Management profileNumber of profiles
Profiles2 records
Flex Rewards funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flex Rewards M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flex Rewards
What does Flex Rewards do?
Flex Rewards provides a SaaS digital loyalty platform that lets small and medium businesses run branded stamp card loyalty programs. Customers collect stamps by scanning a merchant's QR code with their phone camera - no app download required - and receive automated rewards, push notifications, and email communications. The platform supports single-venue SMB loyalty, plus a multi-venue Digital Passport product for Business Improvement Associations, malls, and conferences.
Is Flex Rewards a public or private company?
Flex Rewards is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Flex Rewards founded?
Flex Rewards was founded in 2001. It employs 11 to 50 people.
Where is Flex Rewards based?
Flex Rewards is headquartered in Singapore, Singapore, in the Asia region.
How does Flex Rewards make money?
Three revenue lines are on record. Flex Loyalty Plus+ Subscription is the primary driver. The others are digital Shopping Passport and additional Venue Locations.
Who are Flex Rewards's main competitors?
Direct peers on record are Thanx, Square Loyalty (Block), Como, Smile.io, PassKit, Stamp Me and LoyaltyLion. Broad incumbents are Punchh, Yotpo and Belly (Clover Network).
Does Flex Rewards have an API?
No public API is recorded for Flex Rewards.
What industry is Flex Rewards in?
Flex Rewards's product category is Customer Loyalty Software. Its primary akta.pro industry code is BPAFAFAH, Loyalty, Rewards & Retention Platforms, with a secondary code of BPAFAMAE, Loyalty, Rewards & Incentive Programs.