Flexa

Flexa

Instant blockchain payments for everyone.

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$6.0m

Early VC
Total Funding000k
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Flexa is a decentralized payment network that enables instant and fraud-proof digital currency transactions for merchants and consumers.

The company primarily serves businesses looking to accept digital currencies as a form of payment, positioning itself as a bridge to the evolving landscape of web3 and distributed ledger technologies. Its market is global, with a focus on cross-border transactions.

Flexa's business model revolves around its "Flexa Capacity" system, a novel approach to on-chain collateralization. Users can stake Flexa's native token, AMP, to a variety of wallets and applications. This staked collateral is then used to secure digital currency payments, making them instant and guaranteeing them against fraud. In return for providing this collateral, stakers earn a pro-rata share of the fees generated from the transactions processed through the network. This creates a circular economy where the network's utility and security are directly tied to the participation of its users.

Keywords: digital currency payments, decentralized network, cross-border transactions, payment collateral, fraud-proof payments, web3, distributed ledger technology, cryptocurrency, blockchain, fintech

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Investments by Flexa

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ACQUISITION by Flexa Jun 2022