About this episode

Flex raises $70 million led by Halo Fund to scale its AI-native private banking services for global business owners.

This story was originally published on HackerNoon at: https://hackernoon.com/flex-raises-$70m-led-by-halo-fund-to-scale-ai-native-private-banking-for-global-business-owners . Flex raises $70M led by Halo Fund at a reported $1.2B to scale its AI-native private bank for middle-market business owners and launch Flex Global. Check more stories related to society at: https://hackernoon.com/c/society . You can also check exclusive content about #flex , #halo-fund , #stablecoins , #good-company , #web3 , #artificial-intelligence , #portage , #startup-funding , and more. This story was written by: @ishanpandey . Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com . Flex raised $70 million in a Series B1 led by Halo Fund, the $1 billion Utah vehicle co-founded by Qualtrics founder and Utah Jazz owner Ryan Smith with Accel's Ryan Sweeney. Portage, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice and Florida Funders joined. Reuters sources the valuation at roughly $1.2 billion. Annualised payment volume crossed $10 billion, roughly 4x year on year. Revenue is up 3x since December 2025, on a nine-figure run…

Topics covered

• AI banking
• startup funding
• business finance
• investment
• global business

Keywords

• Flex
• Halo Fund
• AI-native banking
• startup funding
• business owners
• investment

Mentioned in this episode

Organizations: Flex, Halo Fund, Qualtrics, Utah Jazz, Portage, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice

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