| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Fintech |
| Collapse type | Sudden Collapse |
| Founder | Evan Baehr |
Flex
"Splitting rent with borrowed money works until interest rates double your cost of capital."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
New York-based Flex raised $250M+ including a $120M Series C in 2022 to allow renters to split monthly rent payments and access embedded financial wellness tools.
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