About Flex  

Founded in 2019, Flex offers residential renters the ability to split their monthly rent into multiple payments, helping them manage cash flow, avoid late fees, and build credit. This flexible payment solution also appeals to landlords and property managers, as it simplifies the monthly rent collection process and provides an attractive option for their tenants.

Why we invested

Flex addresses a significant issue faced by many Americans: rent is often the largest recurring expense and typically due at the beginning of the month, causing cash flow misalignment for renters. A substantial portion of U.S. renters live paycheck-to-paycheck, dedicating a large part of their income to rent. With limited savings, renters are vulnerable to unexpected expenses or income shortfalls, which can lead to late rent payments, hefty fees, and damaged credit scores.

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