New UK fintech Flex founded by former Pockit employee
Flex, a new money management service based in the UK, has introduced itself to the fintech world.
The firm offers prospective users a series of services that align with other neobank and bank-like services.
Customers will get an account “in minutes” and be able to pay people “in seconds”. Flex says it will offer tips and guidance for managing money and credit scores, and grant users access to unique rewards.
The fintech’s currently unfinished website refers to the launch of a special chatbot named FlexBOT, though little extra detail is available on its features.
Flex says it will offer daily deals and money tips to those who sign its early access waiting list.
A Flex account is free for the first 30 days of use. After that period users have to pay £5 per month for a FlexPRO account.
FlexPRO allows three free cash withdrawals, Apple and Google Pay access, and a virtual card. The fintech says the prices for its plans are subject to change.
The Flex team
Flex lists a three-man team on its website: founder Jos Henson Grič, advisor Neil Harris, and design and user experience lead Matt Burdis.
Grič and Burdis both worked for UK fintech Pockit, which offers prepaid accounts and claims to have more than 500,000 customers.
Grič was Pockit’s brand and communications manager for just over a year. He owns the singular Flex share issued at the company’s incorporation in April this year.
Burdis is still listed as a product designer at Pockit at the time of writing.
Neil Harris, acting in an advisory role for Flex, is group chief commercial officer for payments processing firm Global Processing Services (GPS).
Harris is also chair of the board of director at the recently launched Inclusion Foundation.