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Home App

Flow, a home rental startup founded by the former WeWork CEO, plans to launch its own digital wallet service.

Author: Mash Yang
2022-08-19
in App, Market dynamics, Life, network, Topics
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Forbes magazine reportedAllegedly, the company founded again by former WeWork CEO Adam NeumannFlow, a new housing rental serviceIn addition to being officially operational in 2023, it also seems to be preparing to launch a digital wallet service that can integrate legal currencies including the US dollar and support the use of cryptocurrencies.

Flow, a home rental startup founded by the former WeWork CEO, plans to launch its own digital wallet service.

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Flow spokesperson Davidson Goldin responded by confirming that the company will create a digital wallet service and further stating that although this digital wallet cannot be used to pay for house rentals, it can be used to purchase other items.

Providing digital wallet services means Flow will further its understanding of blockchain and cryptocurrency technologies. However, it is still unclear how Flow will integrate these technologies, and whether further services utilizing these technologies will be launched in the future.

Flow, expected to officially launch in 2023, has secured approximately $16 million in funding from renowned venture investor a3z. Adam Neuman has already acquired approximately 5000 apartments in Miami, Fort Lauderdale, Atlanta, and Nashville, which will serve as the initial base for Flow's operations. He anticipates continued expansion into more locations.

Compared to WeWork, which Adam Neuman co-founded and which focuses on commercial offices and shared spaces for start-ups, Flow, founded this time, is focused on the rental needs of individuals and small teams, and emphasizes the concepts of increasing community, empathy and interaction, allowing people who use these spaces to increase communication and create more potential value.

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Tags: adam neumann
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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