Flexa

Flexa

Consumer Services

Flexa offers the fastest, most fraud-proof payments network in the world.

About us

Flexa offers the fastest, most fraud-proof payments network in the world.

Website
https://flexa.co
Industry
Consumer Services
Company size
11-50 employees
Headquarters
New York
Type
Privately Held
Founded
2018

Locations

Employees at Flexa

Updates

  • View organization page for Flexa, graphic

    3,907 followers

    The Bitcoin halving is almost here! Occurring roughly every four years, the halving decreases the rate of new BTC that’s mined with every new block. Let’s explore the impact of the halving on bitcoin’s utility for payments. Already, consumers are demanding more payment methods at checkout. A recent study by EY suggests Gen Z are twice as likely to delay a purchase when their preferred payment method is unavailable. And since Flexa was launched, bitcoin has consistently ranked among the top currencies used for day-to-day payments across our platform. This year’s halving is an important milestone in bitcoin’s journey to becoming more entrenched in the fabric of global finance. The more halving events that occur, the more bitcoin proves its worth as a scarce and stable asset, and the more miners become incentivized to drive efficiencies in energy usage and sustainability. As the world’s first cryptocurrency, bitcoin introduced the idea that digital currencies with a fixed supply are formidable enough to replace traditional currency, even for payments. These types of currency are resilient to price volatility from economic instability, resistant to influence from intermediaries, and accessible to nearly everyone in the world. We’re now at a critical point: The outdated financial systems invented more than 80 years ago no longer serve the needs of all. Usage of digital currencies like bitcoin, and the digital wallet apps that custody bitcoin, is only increasing. The future of payments is digital currency, and bitcoin continues to show the way.

  • Flexa reposted this

    View profile for Dave Hoover, graphic

    CTO at Flexa

    Heads up! I'm looking for a remote (or NYC-based) software engineer to join our delightful engineering team at Flexa. Specifically, I'm looking for someone with fresh #kubernetes and #terraform skills who would be excited to work with blockchain tech and join our team of #golang devs. We are passionate about the transformative power of digital currencies and we're not daunted by the prospect of starting from scratch to make the world a better place. Check out the job post for all the details!

  • View organization page for Flexa, graphic

    3,907 followers

    What’s driving the price of #bitcoin right now amid a relatively strong month for digital currency markets? Our co-founder Trevor Filter joined CNBC’s Crypto World today to discuss his views on this and more. Bitcoin prices have risen steadily this year, leaving many to wonder if these recent gains can be attributed to the launch of various Bitcoin ETFs. “I don’t know that I would trace it entirely to the ETFs; I think there are some other aspects at play here,” explains Trevor. “We see some of this directly in the payments we’re processing here at Flexa, and some is more external. I always have my eyes on Gen Z and Gen Alpha, because I really believe that crypto is a technology that can enable better funds flows for almost every possible use case.” Check out the video below to catch the entire segment and hear Trevor’s thoughts on digital currency trends in 2024—as well as the other use cases he believes will drive digital currencies to mainstream adoption, including increased activity related to BRC20 tokens (inscriptions on the Bitcoin blockchain), more capacity on the Lightning Network, and broader adoption of bitcoin payments. https://lnkd.in/gD-im4_7

    • Flexa co-founder @trev on CNBC’s Crypto World breaks down what’s driving the current price of BTC, share his take on the use cases propelling digital currency adoption, and more.
  • View organization page for Flexa, graphic

    3,907 followers

    We were thrilled to host the Honorable NY Assembly Member Clyde Vanel at our office in New York City! Assembly Member Vanel is a prominent advocate for the digital currency and blockchain space. As the Chair of the New York State Assembly Subcommittee on Internet and New Technology, his work has been instrumental in advancing the development of the digital payments industry and driving progress in government for the benefit of millions of New Yorkers. His recent bills to establish task forces for the study of digital currency and blockchain technologies and to enable digital currencies to be accepted as legal payments at state agencies are especially significant to the work we do at Flexa and sparked a number of inspiring conversations during our visit. At Flexa, we've always been committed to collaborating with regulatory partners at all levels. Assembly Member Vanel’s visit was an incredible opportunity for us to gather insights and engage in meaningful conversations about his work as an advocate and trailblazer for the larger technology ecosystem. As we continue to help build the future of commerce, we cherish the opportunity to work closely with policymakers like Assembly Member Vanel to create an environment that fosters innovation and growth in our industry. We look forward to supporting his continued advocacy and a stronger relationship with the New York state legislature in the years to come! #digitalassets #digitalcurrency #flexa

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  • View organization page for Flexa, graphic

    3,907 followers

    Join a diverse panel of industry experts today, including our very own General Counsel Michelle Gitlitz, as they explore the latest events and share their perspectives on what the future may hold.

    Still time to register! Wall Street Blockchain Alliance is proud to present a special global webinar: “The Future of Crypto in America”, taking place on Wednesday, June 21st from 1 pm – 3 pm Eastern. The world of crypto assets continues to be rocked by seismic events that some believe imperil the future of crypto in the United States. Along with turbulent markets, the recent SEC lawsuits against Binance and Coinbase seem to point to a regulatory tide that may ultimately mean the end of crypto in America. Join Joshua Ashley Klayman KuzarDavid BrillMichelle GitlitzKayvan Sadeghi#JessicaStumacherAdam Goldberg and others as we explore the latest events and give perspectives on what the future may hold. #markets #blockchain #regulation #crypto Learn more and register here: https://lnkd.in/eKuzsE8B

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  • View organization page for Flexa, graphic

    3,907 followers

    Congratulations to the Lightspark team on the launch of the Lighstpark Wallet SDK today. We are looking forward to working together for a long time to come!

    View organization page for Lightspark, graphic

    5,739 followers

    Expanding the Lightning Ecosystem. More customers are rolling out new payment solutions that demonstrate the scale and breadth of the Lightspark platform for all types of businesses. Wallets: For wallet providers, the ability to expand access and enable customers to send bitcoin faster over Lightning at almost zero cost, is a differentiator.  Xapo Bank used Lightspark to integrate with the Lightning Network, becoming the first bank in the world to allow members to pay for small purchases with bitcoin without having to convert to USD first. Xapo customers have been using the network since integration. During the recent period of high bitcoin fees, Xapo experienced a spike in Lightning transactions amongst members highlighting that the Lightning network is a great alternative to the traditional Layer 1 bitcoin network. Rain, the largest crypto-asset platform in the MENA region, with customers in 10 plus countries, is announcing that they will enable their users to execute real-time bitcoin transactions using Lightspark, with reduced fees providing a fast, low-cost, and reliable way to send and receive payments globally. Merchants:  Merchants also need to be able to accept low-cost, real-time Lightning payments. From point of sale to digital content, the Lightspark stack allows merchants to experience open payments at the speed of light.   Flexa makes it easy for any business to integrate digital commerce (payments, offers and billing) as well as web3 loyalty capabilities. They offer support for payments in 100+ different digital currencies from 300+ different wallet apps and more than 41,000 retail touch points. The integration with Lightspark will continue to help businesses navigate to the next era of commerce. Risk Management and Compliance Tools:  For Lightning to scale, regulated enterprise customers need to be able to meet their regulatory, risk management and compliance requirements. Lightspark has partnered with leading players in the industry to provide customers with the tools designed to meet their compliance obligations. Chainalysis Inc. data powers investigation, compliance, and market intelligence software for the digital asset sector to build a world with more financial freedom and less risk. Their work in partnership with Lightspark will ensure that the revolution of payments is done in a way that protects consumers and businesses alike. TRM Labs.Through this integration with Lightspark, TRM Labs is adding risk and compliance solutions to identify illicit crypto activity. Users of Lightspark will be able to screen addresses connecting to the Lightning Network and use TRM Wallet Screening to detect sanctions and anti-money-laundering risks. Notabene. With the Lightspark and Notabene partnership, institutions can now transact safely with their top counterparties globally. Notabene operates an open network of 1000+ VASPs and supports wallet-ownership proofs for 200+ self-hosted wallets. More to come soon!

  • View organization page for Flexa, graphic

    3,907 followers

    A huge congratulations to our friends at Lightspark on the launch of the Lightspark Wallet SDK! Flexa is delighted to be building on top of Lightspark’s enterprise-grade software stack so that we can help more merchants unlock the power of instant bitcoin payments on Lightning.

    View organization page for Lightspark, graphic

    5,739 followers

    Announcing the Lightspark Wallet SDK Today, we’re thrilled to unveil the Lightspark Wallet SDK - the ultimate tool for  powering your non-custodial and custodial Lightning wallets. Now businesses and platforms can effortlessly offer their customers a world-class, interoperable Lightning wallet to execute payments swiftly and securely. When we announced the Lightspark Platform a few weeks ago, we shared our goal to make the Lightning Network more accessible and to take Lightning payments mainstream.  At Lightspark we think payments should move like bits and bytes do on the Internet and be open, secure and instant. The Lightspark Wallet SDK is an important step forward in helping all businesses get started with Lightning payments. In building the Lightspark Wallet SDK we’ve thought carefully about what businesses need and listened to feedback from our customers. Irrespective of the size or stage of your business, we've tailored the Lightspark Wallet SDK for seamless adoption. Integration is easy with only a light internal lift needed. It’s also fast - it takes as little as 48 hours for a business to be live with payment solutions for their customers. We’ve also made it simple to embed directly into your app and add your unique UI and brand identity.  The Lightspark Wallet SDK handles the complexity of Lightning payments, so that businesses can focus on building amazing experiences. You won’t need to worry about setting up channels, rebalancing liquidity and more. The Lightspark Wallet SDK also takes advantage of Lightspark Predict so Lightning payments are reliable and capital efficient.  Lightspark Predict is designed to ensure low latency, high payment success rates and low costs. You will enjoy better connectivity to the rest of the Lightning Network, giving you more reliability and certainty when sending and receiving Lightning payments. Lightspark is the first enterprise-grade solution for Lightning transactions at scale. The Lightspark Wallet SDK extends the Lightspark suite of services and tools that work with each other to provide Lightning payment solutions for businesses. We’re excited to enable our customers to be part of the Lightning opportunity and we can’t wait to see what new business models are developed. Read more here: https://lnkd.in/gAVCSJsR #lightningnetwork #lightning #payments #bitcoin

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Funding

Flexa 5 total rounds

Last Round

Angel
See more info on crunchbase