About PayFlex
PayFlex is a Financial Services company based in Omaha (United States) founded in 1987, and was acquired by Millennium Trust Company in April 2022. Platform for financial and employee wellness. It operates in the Financial Services, Technology, and Healthcare sectors. Its chief executive, as recorded, is Erin Hatzikostas. Its website payflex.com draws about 13 thousand monthly visits. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Health Benefits. Its legal entity is PAYFLEX SYSTEMS USA, INC. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.
Company details
PayFlex platform for financial and employee wellness. Offers flexible spending accounts, health savings accounts, health reimbursement arrangements, dependent care accounts and transit and parking programs for employers. They also provide COBRA benefit administration services. Provides PayFlex Card which uses money in the users tax-advantaged account to pay for eligible expenses. It also offers a mobile app for account management, reminders reimbursement, and wellbeing.
- Headquarters Omaha, United States
- Stage Acquired
- SectorsFinancial ServicesTechnology Healthcare
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website payflex.com
- Social LinkedIn
- Acquired by Millennium Trust Company (Apr 2022)
- Legal Name Payflex Systems Usa, Inc.
- InvestorsAetna
& 1 more
- Acquired by
Investors in PayFlex
PayFlex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Aetna and Millennium Trust Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Health insurance plans are provided by Aetna for diverse needs. | 1853 | aetna.com | Hartford, United States | |
Custodial services for listed securities are provided by the firm. | 2000 | mtrustcompany.com | Chicago, United States |
Investor details for PayFlex
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People of PayFlex
115 people are tracked at PayFlex (56 in leadership, 59 in team).
| Name | Role | Group |
|---|---|---|
Erin Hatzikostas | CEO & President | Leadership |
Erin A. | Sr. Director, People Operations, Systems, HR M&a | Leadership |
Elyse Lazartic | Managing Director, Marketing | Leadership |
Nara Bennett | Chief Of Staff | Project Manager | Executive Search Advisor | Leadership |
Jeff Thoms | Managing Director, Head Of Sales - Health & Benefits Division | Leadership |
Caryn Ligon | Director Of Software Engineering | Leadership |
Anonymous | Chief Technology Officer | Leadership |
Patrick Soule | Director Of Software Engineering | Leadership |
Jeffrey Lee | Director Of Software Engineering | Leadership |
Joe Real | Director Healthcare Service Operations | Leadership |
Rebecca K. | Director, HR Projects | Leadership |
Jeff Protextor | Deputy Chief Compliance Officer | Chief Privacy Officer | Leadership |
Susan Bambara | Chief Of Staff, Enterprise Business Services | Leadership |
Melisa Godinez | Director, Talent Acquisition | Leadership |
Paul Burnett | Director, Program Management | Leadership |
David Turner | Vice President, Business Development / Retirement & Wealth / South Central Region | Leadership |
Denisa Ilea | Director - Incoming Payments And Valuations | Leadership |
Katherine Rice | Managing Director, Head Of Finance | Leadership |
Kevin Newton | Director, IT Operations | Leadership |
Kate Haynes | Director Of Learning And Development | Leadership |
95 more people are available in the full profile.
Complete people profiles for PayFlex
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Timeline of PayFlex
3 dated milestones of PayFlex across 35 years, from founding to its latest funding, stage changes and deals.
- Founded PayFlex is founded.
- Exit Acquired by Aetna.
- Exit Acquired by Millennium Trust Company.
Competitors of PayFlex
PayFlex has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. |
Detailed competitors of PayFlex
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Web traffic of PayFlex
The website of PayFlex (payflex.com) receives about 12.6K visits a month and ranks #1,510,564 among all websites worldwide, #3,660 in Accounting and Auditing.
- Monthly visits12.6K
▼ 32.9% vs previous month
- Unique visitors9.9K
per month
- Global rank#1,510,564
among all websites
- Category rank#3,660
Finance · Accounting and Auditing
- Bounce rate58%
- Pages per visit1.4
- Average visit35 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with PayFlex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
healthhub.com | healthhub.com | 100% | – | ||
| inspirafinancial.com | 94% | 3M | #21,871 | View details | |
mypayflex.com | mypayflex.com | 90% | #553,555 | – | |
| bcbsil.com | 72% | #17,579 | View details | ||
| vsp.com | 66% | #10,473 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for PayFlex
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- 17 similar websites
- Audience overlap
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as PayFlex (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Payflex
Complete news archive for PayFlex
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Frequently Asked Questions about PayFlex
PayFlex was founded in 1987.
PayFlex is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Erin Hatzikostas is the CEO of PayFlex, as recorded in our data.
PayFlex platform for financial and employee wellness. Offers flexible spending accounts, health savings accounts, health reimbursement arrangements, dependent care accounts and transit and parking programs for employers. They also provide COBRA benefit administration services. Provides PayFlex Card which uses money in the users tax-advantaged account to pay for eligible expenses. It also offers a mobile app for account management, reminders reimbursement, and wellbeing.
PayFlex's top competitors include Accolade, Hinge Health and Sharecare.
PayFlex has 2 investors. Key investors include Aetna, and Millennium Trust Company.
PayFlex operates through Payflex Systems Usa, Inc..
Yes. PayFlex was acquired by Millennium Trust Company in April 2022.