Now with a self-reported valuation of $1.2 billion, Flex plans to expand its global banking services through using stablecoins to settle cross-border payments.
- Fintech company Flex has raised $70 million in a Series B1 funding round, reaching a $1.2 billion valuation.
- Flex is launching a global banking service that utilizes stablecoins for cross-border payment settlements.
- The company plans to use the new funding to expand its global services and double its employee headcount.
Topics: Asset types, Integration with defi, Payment system integration, Stablecoins digital cash, Rwa collateral lending, Stablecoin payments remittances, Cross border settlement
Tags: #flex #stablecoins #crossborderpayments #fintech #businessbanking #globalbanking #fundraising #valuation #paymentvolume
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