Flex - About the company
Flex is a series B company based in Miami (United States), founded in 2020 by Zaid Rahman. It operates as an Internet digital bank for business banking. Flex has raised $184M in funding from investors like The Halo Fund, Florida Funders and Titanium Ventures, with a current valuation of $1.2B. The company has 288 active competitors, including 33 funded and 16 that have exited. Its top competitors include companies like Mercury, Brex and BlueVine.
Sectors and market segments that Flex operate in
Flex serves in the FinTech, Real Estate and Construction Tech market segments.The primary business model of Flex are:Company Details
Internet digital bank for business banking. It offers financial services like accounts, debit cards, credit cards, treasury management, and more. It also offers an end-to-end platform for expense management solutions including expense control, budgeting, card solutions, and more.
- Website
- www.flex.one/
- Social
- Email ID
- *****@flex.one
Key Metrics
Founded Year
2020
Location
Miami, United States
Stage
Series B
Total Funding
$184M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Jul 14, 2026
Investors
Ranked
15th among 288 active competitors
Employee Count
204 as on Jul 31, 2026
Legal entities associated with Flex
Flex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FLEXBASE TECHNOLOGIES INC. CIN: 834203216 , United States, Active | Dec 31, 1999 | - | 51 (As on Dec 31, 2024) | - |
Flexbase Technologies Inc. CIN: 834203216 , United Kingdom, Active | - | 16 (As on Dec 31, 2022) |
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Flex's funding and investors
Flex has raised a total funding of $184M over 7 rounds. Its first funding round was on May 01, 2023. Its latest funding round was a Series B round on Jul 14, 2026 for $70M. 8 investors participated in its latest round. Flex has 20 institutional investors.
Here is the list of recent funding rounds of Flex:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2026 | $70M | Series B | - | - | ||
Dec 04, 2025 | $60M | Series B | - | - | ||
Mar 05, 2025 | $25M | Series B | - | - |
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Flex's founders and board of directors
Founder? Claim ProfileThe founders of Flex is Zaid Rahman. Zaid Rahman is the CEO of Flex.
Here are the details of Flex's key team members:
- Zaid Rahman: Co-Founder & CEO of Flex. Contact Info: 1 email address
Flex's Board of Directors
Flex's board has 3 active members. Yash Patel, Saxon Baum and Zaidur Rahman are independent board members.Here is the list of Flex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 6m | |
Independent board member | - | Current | 2y 8m | |
Independent board member | - | Current | 2y 8m |
View details of Flex's Founder profiles and Board Members
Flex's employee count trend
Flex has 204 employees as of Jul 26. Here is Flex's employee count trend over the years:
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Flex's Competitors and alternates
Top competitors of Flex include Mercury, Brex and BlueVine. Here is the list of Top 10 competitors of Flex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mercury 2017, San Francisco (United States), Series D | Provider of a comprehensive online platform offering a range of financial services | $546M | 83/100 | |
2nd | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 81/100 | |
3rd | BlueVine 2013, Redwood City (United States), Series F | Provider of business checking accounts, business loans, and business credit cards | $288M | 80/100 | |
4th |  Tide 2015, London (United Kingdom), Series C | Digital business banking platform | $181M | 80/100 | |
5th |  OakNorth Bank 2015, London (United Kingdom), Series C | Digital bank empowering entrepreneurs and savers with smart tools | $962M | 74/100 | |
6th | Grasshopper Bank 2016, New York City (United States), Acquired | Provider of online internet first business bank | $219M | 73/100 | |
7th | Digital business banking platform that helps small businesses manage cash flow with multi-account structures | $102M | 72/100 | ||
8th | _1571204564284.png?devicePixelRatio=2&height=30&width=30){kind=logo} Rho Business Banking 2010, New York City (United States), Series B | Developer of a digital bank for businesses | $235M | 68/100 | |
9th |  Found 2019, San Francisco (United States), Series B | Accounting and bookkeeping management solutions for small businesses | $119M | 67/100 | |
10th |  Jiko 2016, San Francisco (United States), Series C | Platform enabling T-bill investing for businesses | $80M | 66/100 | |
15th |  Flex 2020, Miami (United States), Series B | Internet digital bank for business banking | $184M | 59/100 |
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Flex's Investments and acquisitions
Flex has made 1 investment in Soxton and acquired Maza.Reports related to Flex
Here is the latest report on Flex's sector:
News related to Flex
Filter this listMedia has covered Flex for a total of 4 events in the last 1 year.
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Flex Doubles Valuation to $1.2B as $70M Series B1 Fuels Global Private Banking ExpansionTech Funding News•Jul 14, 2026•Flex, The Halo Fund, Halo Venture Partners, Portage and 6 others
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Crisp Closes Series B1 of $26M to Expand Vertical AI Solutions for RetailBusiness Wire•Dec 10, 2025•Paine Schwartz Partners, DNX Ventures, FirstMark, Wellington and 13 others
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Flex Secures $60 Million and Introduces Card Tailored for the Mid-MarketPYMNTS.com•Dec 05, 2025•Flex
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Flex acquires mace backed by A16z for $ 40 million while Fintech M & A is heatedesdelatino.com•Apr 25, 2025•Flex, Maza
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Flex Raises $225M in Equity and Debt FundingFinSMEs•Mar 05, 2025•Flex, Titanium Ventures, Companyon Ventures, Florida Funders and 7 others
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Flex raises $25m to build all-in-one business and personal financial management platformFinextra•Mar 05, 2025•Flex, Victory Park Capital Advisors, Titanium Ventures, Companyon Ventures and 9 others
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Developers propose data centre with 500MW ‘non-flammable’ battery in SwitzerlandEnergy-Storage•Sep 24, 2024•Erne Gruppe, Flex
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FAQs about Flex
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