According to Forbes, fintech company Flex recently completed a $70 million Series B1 funding round led by Halo Fund. Flex mainly provides multi-currency account services for mid-sized enterprises with annual revenue between $3 million and $200 million. Its cross-border payment platform, Flex Global, uses stablecoins as the back-end settlement channel. It is reported that Flex’s annual payment transaction volume through stablecoin channels has already exceeded $1 billion, and its share of its total annualized payment transaction volume ($10 billion) continues to grow. In addition to payment settlement, Flex also uses AI technology to analyze financial data, bank accounts, and ERP systems, cutting credit decision time from the traditional 90 days to 2 days.