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Flex, a stablecoin-based cross-border banking platform, raises $70 million for Flex funding, led by Halo Fund

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PANews July 16, according to Forbes, the California-based fintech company Flex raised $70 million in a Series B1 funding 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 in 32 currencies across 170 countries/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.
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