Flex
Fintech that lets renters split monthly rent into two installments aligned with pay schedules; 2M+ renters, $20B+ in rent processed.
About
Flex (Flexible Finance Inc.) is a consumer fintech that splits monthly rent into two payments. Flex pays the landlord in full when rent is due, then the member repays Flex later in the month. Works whether the renter pays through a property portal or directly to a landlord. Lines of credit are issued by Lead Bank or Column N.A.
Used by over 2 million renters, processing $1B+ in rent each month and $20B+ to date. The company is also building out Everyday Bills for utilities and other recurring payments.
Stated mission is "helping people pay for the things that matter most." 400+ employees, headquartered in NYC, hybrid.