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Flex Secures $225 Million to Expand Finance Platform for Business Owners

The fintech startup raised $25 million in equity and a $200 million credit facility to enhance its AI-powered financial ecosystem.

  • Flex raised $25 million in equity funding at a valuation of nearly $250 million, led by Titanium Ventures, and secured a $200 million credit facility from Victory Park Capital.
  • The funding will accelerate the development of Flex's AI-powered accounts payable automation and expand its offerings to include accounts receivable capabilities.
  • Flex's platform consolidates business and personal financial management for mid-market business owners, offering tools such as credit cards, expense management, and payment automation.
  • The company surpassed $1 billion in annualized payment volume within 18 months of launching its card and bill pay automation products.
  • Flex plans to use the new capital to grow its team and further develop its financial technology solutions, targeting businesses generating $3–$100 million in revenue.
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