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Flex, a cross-border banking platform built on stablecoins, raises $70 million in financing, led by Halo Fund

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ME News, July 16 (UTC+8): Flex, a fintech company headquartered in California, raised $70 million in a Series B1 round led by Halo Fund, aiming to further expand its business. Flex Global is its stablecoin-based cross-border banking platform, offering multi-currency accounts supporting 32 currencies across 170 countries and regions. Flex’s core customers have annual revenues ranging from $3 million to $200 million, mainly concentrated in the construction, wholesale, and import/export industries. (Source: PANews)
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