According to Forbes, the 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 ranging from $3 million to $200 million. Its cross-border payments platform, Flex Global, uses stablecoins as the back-end settlement channel. It is learned that Flex’s annual payment transaction volume via stablecoin rails has already exceeded $1 billion, and its share of its total annualized payment transaction volume ($10 billion) is continuing to grow. In addition to payment settlement, Flex also uses AI technology to analyze financial data, bank accounts, and ERP systems, significantly cutting credit decision time from the traditional 90 days to 2 days.