Fintech firm Flex has secured $70 million in Series B1 funding, with Halo Fund leading the investment round. The company specializes in providing multi-currency account services for mid-sized businesses generating between $3 million and $200 million in annual revenue. Flex's cross-border payment platform, Flex Global, utilizes stablecoins for backend settlement. The platform has reportedly processed over $1 billion in annual payments through its stablecoin channels, a figure that continues to grow as a percentage of its total annual payment volume of $10 billion. Beyond payment settlement, Flex employs AI technology to analyze financial data, bank accounts, and ERP systems, significantly reducing credit decision times from a traditional 90 days to just two days.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-07-16 11:52:48 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-07-16 11:52:48 UTCEvent JSON
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"content": "Fintech firm Flex has secured $70 million in Series B1 funding, with Halo Fund leading the investment round. The company specializes in providing multi-currency account services for mid-sized businesses generating between $3 million and $200 million in annual revenue. Flex's cross-border payment platform, Flex Global, utilizes stablecoins for backend settlement. The platform has reportedly processed over $1 billion in annual payments through its stablecoin channels, a figure that continues to grow as a percentage of its total annual payment volume of $10 billion. Beyond payment settlement, Flex employs AI technology to analyze financial data, bank accounts, and ERP systems, significantly reducing credit decision times from a traditional 90 days to just two days.\n\n#crypto #blockchain #news ",
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