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
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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
MSB (Money Services Business)
US (FinCEN)
Flexa Inc.
MTL (Money Transmitter License)
US (multi-state, NMLS ID 1840599)
Flexa Inc.
The stack
Accounting gap: none