“Crypto Stripe” Flexa raises $14M to make buying coffee with Bitcoin possible

posted 2 months ago
New York-based payments startup Flexa raised $14M in a private token sale involving Pantera Capital, 1kx, Nima Capital, Access Ventures and others. Flexa co-founder Trevor Filter said “The long-term goal is to give over the network to the merchants. A sort of consortium of their own that allows them to accept crypto... We wanted to build essentially the Stripe for these type of transactions."

Instead of building a blockchain-based network, Flexa co-founder Tyler Spalding described Flexa’s protocol as an “elegant pipe” that processes payments from the Bitcoin network, to the merchant’s own payment processing system for direct bank transfers.
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