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FlexUp

Financial Services / Fintech · Europe

PilotFranceINSEAD
Fabrizio NastriSantiago FurfaroR

Fabrizio Nastri · Santiago Furfaro · Remi Papon

About FlexUp

Early-stage startups are chronically short of cash, yet have to hire, pay suppliers, and raise funds all at once. To cope, founders juggle equity splits, valuation, dilution and misaligned incentives across a stack of disconnected tools — spreadsheets, static cap tables, hourly lawyers — none of which share risk or track who actually contributed what. It creates cost, friction and conflict, and it's a leading reason startups stall or fail. FlexUp is an all-in-one platform to run a business, built on four pillars: an economic model, a legal framework, a business app, and a partner network. The key innovation is a shared pay system. Everyone — founders, team, suppliers, investors — splits what they're owed across the same three risk tiers: Firm (paid unconditionally), Flex (paid monthly from available cash), and Credits (deferred, settled annually from excess cash, converting into Tokens that carry profit share and voting rights). The more risk you take, the more upside you hold. There's no separate rulebook for founders versus everyone else, and no difference in how labour and capital are treated. We build for cash-constrained, founder-led teams of roughly 2 to 20 contributors, pre-revenue to under €1M, in Europe and North America — with a second, impact-driven track in Africa, Asia and Latin America, where the ticket that unlocks a business is often €1,000 to €10,000 rather than a seed round. A project can run on FlexUp before it has a legal entity, which matters more than it sounds: it's the moment incumbents ignore, because Carta, Deel and Qonto all assume you already have cash, a bank account and a cap table before their tools are useful. Why now: work has gone project-based and borderless while contracts stayed where they were, the easy-money era ended so runway discipline matters again, and AI finally makes a structured transaction layer executable rather than theoretical — every contract, right and rule machine-readable on one ledger. Where we are: FlexUp SASU was incorporated in Paris in February 2026, though the model has been in development since 2017 and the platform has been live since September 2025. We're at product-market fit, resident at Station F through the INSEAD LaunchPad, with real money moving through the app. What we haven't done yet is commercialise at scale — onboarding has been by invitation, and our advisory work has been paid in equity rather than cash. Converting that into paying customers is the whole of the current job.

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In the news

  • Nov 12

    FlexUp advises founders to clarify ownership, compensation, and contributions early to prevent ambiguity.

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  • Nov 11

    FlexUp invites European founders to share what slows their cross-border work with partners.

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  • Nov 10

    FlexUp explains written pay-sharing agreements that defer compensation until cash surpluses emerge.

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  • Nov 6

    FlexUp explains how three partners structured investment, rent, and work contributions for Alphonse’s café.

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  • Nov 5

    FlexUp reflects on its founder’s experience as an unpaid government contract led to Canopy’s bankruptcy.

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  • Nov 3

    FlexUp founder Fabrizio Nastri urges startup teams to clarify compensation, ownership, and terms before conflicts arise.

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Founders

  • Fabrizio Nastri

    Fabrizio Nastri

  • Santiago Furfaro

    Santiago Furfaro

  • R

    Remi Papon

Details

Stage
Pilot
Sector
Financial Services / Fintech, B2B
Country
France
Region
Europe
Source
INSEAD