Flexa raised $14 M in a new round of funding on 2019-04-11.

According to media reports, Flexa raised $14 M in a new round of funding on 2019-04-11. the investors in this funding round include Pantera Capital,1kx,Nima Capital,Access Ventures and others. Following this round, Flexa's total funding reached $14 M.

Flexa is a versatile digital payments platform that offers several key features. As a merchant-focused app, Flexa has point-of-sale (POS) hardware compatibility and is designed to reduce costs, settlement times, and fraud. Payments are collateralized by Flexa's ERC-20 token Amp, which can be staked as collateral and receive additional Amp as a staking incentive. Flexa uses "flexcodes," unique barcodes that are generated and scanned for each transaction, enhancing security and consumer privacy. Accepted all over North America, Flexa aims to scale globally and integrate with numerous apps and payment options.