Flex Raises $70 Million in Series B1 Funding Led by Halo Fund

California-based fintech company Flex raised $70 million in a Series B1 funding round led by Halo Fund, with the company saying the proceeds will support business expansion. According to ChainCatcher, Flex Global is a stablecoin-based cross-border banking platform offering multicurrency accounts across 32 currencies in 170 countries and regions. The company said its core customers have annual revenue between $3 million and $200 million, mainly in construction, wholesale, and import-export industries.