Flex Stock
| Valuation | $1.75B1 |
| Valuation Date | Nov 6, 2024 |
| Implied Valuation | $2.61B |
| Last Price | $18.90 |
| 52-Week High | $19.72 |
| 52-Week Low | $7.92 |
| YTD Return | +50.48% |
| 1-Year Return | +69.05% |
| 3-Year Return | +160.69% |
| Total Funding | $424.45M2 |
| Latest Round Amount | $200M1 |
| Latest Round | Series D |
| Funding Rounds | 5 |
| IPO Status | n/a |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Flex
Flex is a financial technology company that lets renters split their monthly rent into smaller payments that line up with their paychecks. When rent comes due, Flex pays the landlord in full through a line of credit issued by its partner banks. The renter then repays Flex over the rest of the month. Flex makes money by charging a monthly membership fee and processing fees on each payment. It also helps renters build credit by reporting on-time payments to credit bureaus and has expanded into splitting other essential bills. The company was founded in 2019 by Shragie Lichtenstein and YeTong Shao and is headquartered in New York City.
Invest in Flex
Flex is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Rent fintech Flex applies for a Utah ILC bank charter
Flexible Finance, the parent of Flex Rent, filed FDIC and Utah applications on July 24, 2026 to charter Flex Bank, an industrial bank that would let it issue rent-credit products and FDIC-insured depo...
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Flex Submits Applications to Charter Flex Bank
Flexible Finance applied to the FDIC and Utah DFI to charter Flex Bank, a Utah industrial bank that would issue Flex Rent directly and offer FDIC-insured deposit accounts.
Flex Seeks Bank Charter to Scale Flexible Rent Payments
Flexible Finance has applied to the FDIC and the Utah Department of Financial Institutions to charter Flex Bank, a Utah state-chartered industrial bank that would issue Flex Rent and other credit prod...
Business banking fintech Flex raises $70 million
Flex raised $70 million in a Series B1 round at a $1.2 billion valuation and launched Flex Global, a stablecoin-based cross-border banking service for high-net-worth business owners.
