Flex Raises $70 Million in Series B1 Funding
Flex, a finance platform headquartered in San Francisco, California, announced a successful Series B1 funding round on July 14, 2026, securing $70 million. Flex offers an integrated suite of financial services tailored for international business owners, including multi-currency accounts, cross-border payments, stablecoins, corporate cards, and capital solutions.
Investors and Leadership
The Series B1 round was led by Halo Fund, with participation from notable investors such as Portage, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, and Florida Funders. This diverse group of investors underscores the confidence in Flex's potential and growth strategy.
Flex was founded by Zaid Rahman, who serves as the CEO. The leadership team also includes Hadi Solh, Co-Founder, and Trent Mason, who holds the position of President/CEO. The team is focused on expanding Flex's capabilities and reach in the international finance sector.
Use of Funds
While specific plans for the newly raised capital have not been detailed, the funds are expected to support further development of Flex’s platform. Potential areas of investment include enhancing the platform’s features, expanding its market presence, and possibly increasing the workforce to support these growth initiatives.
Company Vision
Flex aims to streamline financial operations for international businesses by providing a comprehensive platform that integrates various financial tools and services. By addressing the complexities of cross-border financial transactions and offering stablecoin solutions, Flex is positioned to cater to the evolving needs of global business owners.
With the latest funding round, Flex is poised to strengthen its market position and continue innovating in the fintech space, providing enhanced financial solutions for its growing customer base.