← Embedded Finance Index 2026

Flexa

“Can a fully-licensed, fraud-protected digital-asset acceptance network become the default crypto payments rail for mainstream US merchants?”

Founded2018
HQNew York, NY, USA
IndustryFintech / Crypto

The story

Flexa launched as a consumer-facing digital-asset payments network with its SPEDN wallet app, enabling customers to spend cryptocurrency at retail partners. Over time, the company pivoted to a B2B payments infrastructure position, becoming an omnichannel digital-asset acceptance platform for merchants and enterprises. It operates as a licensed money services business across US states and positions itself as the only climate-neutral digital-asset payments provider trusted by Fortune 500 companies.

Last 12 months

—

Product timeline

2019

Launched SPEDN consumer wallet app to let users spend digital assets at major retailers.· pivot

2024

Updated Terms of Service and rebranded primary domain to flexa.co, focusing squarely on the Flexa Payments omnichannel digital-asset acceptance platform for merchants.· pivot

Regulated entities

regulatory licences held by Flexa

Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.

The stack

2 layers disclosed in Flexa’s embedded-finance stack

Payments / PSP

Flexa Payments (self-operated)

Crypto

in the full report

Accounting gap: none

1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Flexa — frequently asked

Who is Flexa's payment processor?

Flexa processes payments through Flexa Payments (self-operated).

Which crypto provider does Flexa use?

Flexa's crypto products run on Aurus.

What is Flexa's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Flexa's stack: Payments / PSP (Flexa Payments (self-operated)); Crypto (Aurus).

Where is Flexa headquartered?

Flexa is founded in 2018 and headquartered in New York, NY, USA.

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