Flex raises $60M to scale its AI-native ‘private bank’
Flex, a fintech company, has raised $60 million in a Series B round led by Portage to expand its AI-native financial platform for high-net-worth business owners. The funding increases Flex's total equity to $105 million. Flex aims to replace fragmented financial systems with a unified AI-driven "motherboard," acting as an "AI CFO." The company has quadrupled revenue in the past year and is launching Flex Elite, an invite-only consumer card, to compete with high-end offerings like Amex Centurion.
StartupHub·