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og:description: Flex has raised a $70m Series B1 led by Ryan Smith's Halo fund, bringing total equity raised to $180m. The company targets high-net-worth middle-market...
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# Flex raises $70m from Ryan Smith’s Halo fund to take its AI private bank global

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Flex has raised a $70m Series B1 led by Ryan Smith's Halo fund, bringing total equity raised to $180m. The company targets high-net-worth middle-market business owners with an AI-native private banking platform. The new Flex Global product extends the platform internationally, offering stablecoin payment rails in 100+ countries, multi-currency accounts across 76 countries, and private credit in 20+ countries. Cross-border payments settle in minutes using stablecoin rails that remain invisible to end users. Flex reports $10bn in annualised payment volume, growing fourfold year-on-year, with revenue tripling since December. The platform bundles credit, banking, payments, expense management, and AI finance agents into an agentic back office.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/flex-70m-series-b1-halo-fund-stablecoin-private-bank>

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---

Tags: [#fintech](https://daily.dev/tags/fintech), [#stablecoin](https://daily.dev/tags/stablecoin)

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