Flexa

Flexa provides payments and loyalty tooling aimed at companies of varying sizes that want to accept digital assets. Its payments product is designed to work alongside a merchant's existing acceptance and reconciliation stack, so that crypto acceptance can be added across points of sale through low-code and no-code integrations rather than a replacement of incumbent systems. Flexa states that its stack supports checkout with more than 99 digital assets, authorizes payments in under a second, guarantees funds at the time of payment so that merchants face no chargebacks or unexpected reversals, and handles KYC and verification on the merchant's behalf via licensed and audited infrastructure. Merchants can choose the currency and schedule of their payouts, which Flexa says carry no conversion or custody fees.

A second product line, Components, is a set of prebuilt mobile UI modules distributed as SDKs for iOS, Android and React Native, intended for wallet developers who want to extend their applications beyond sending and swapping assets. Components enables wallet users to make instant payments at merchant locations and adds scanning capabilities, with support for self-custody wallets; collateralization is used to allow payments to settle in under a second. Flexa describes Components as regularly audited by independent security researchers, requiring no external dependencies, and collecting the minimum amount of personal information permitted by law.

Business model

Flexa sells payment acceptance infrastructure to merchants and integration components to wallet and application developers, with merchant payouts offered in the merchant's chosen currency and schedule and no stated fees for conversion or custody.