About Flex
Flex helps you split your rent, mortgage, and everyday bills into two smaller payments, aligning with your pay schedule. It also reports on-time payments to credit bureaus to help build credit.
Flex is a financial technology company that offers a rent and bill splitting platform, allowing users to pay their largest recurring expenses on a schedule that fits their cash flow. Users split payments into two parts: the first when the bill is due (covered by Flex), and the second on a chosen later date. Flex serves renters directly, as well as property managers, utilities, broadband, insurance, mortgage, and auto lenders through partnerships.
The company generates revenue through a monthly membership fee of up to $5.99, a 0.5% processing fee, and a split fee of up to 3% on the borrowed amount. Flex reports positive rent payment history to credit bureaus at no extra cost. With over 3 million renters served and $39 billion in rent paid, Flex is headquartered in New York City and operates as a growth-stage fintech.
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