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The Flex, which offers individual financial programs and payments infrastructure for business owners, provides $ 25 million worth of credit facilities, providing $ 25 million in capital financing, which has spoke to TechCrunch.
The stock foundations were raised in an assessment of “only $ 250 million”. The company ended the last 20 million dollar series a Declared in September 2023.
Flex was officially established in 2022 By CEO Zad Rahman After developing a construction platform (working under name) Flexbase Technologies) for a fintech for business owners. Company It turned out In September 2023 with a business credit card and cost tracking product. Today, the Flex markets himself manages the financial platform for average market owners for average market owners, “he said until their expenditure of finances, personally.
Rahman Flex’s Fintech giants like Ramp and Brech’s offer, but more than the start-up of enterprises or enterprises, the average market for the general director of companies pay attention to business owners.
“Business owners tend to combine personal and business expenses, savings and payments, issues of reports and cash flowers, money costs, deposits and payments,” Rahman. “Our growth confirms the requirement of business owners for an ecosystem in each other simplifying their finances.”
Flex, he serves the “Financial Pilot” for thousands of enterprises and owners as a logistics company, as a logistics company; Freebird, a male care company; and mod partners, a construction work.
“All business bodies and personal lives are seated in the single dashboard,” said Rahman Techcrunch. “They can decide on the application of a personal operating business. This may be complicated in terms of a program and compatibility.”
Flex’s average customer earns $ 25 million a year. Many of the starters of the starting customers claimed that the Rahman claims, “black card” usually passed American Express Centurion card.
Flex offers things like EU’s underwriter and offers things like AI invoice processing and cost management with automatically identify and schedule bill for owners.
His card too 0% offers interest 60 days in all purchases.
Titanium enterprises, company’s enterprises, Florida funds, MS & AD Rassures, AAF leadership and 25 million dollar capital tour LED Flex’s $ 25 million capital tour. Victory Park capital secured a $ 200 million credit enterprise.
In general, according to the Most Most Man, the Most Most Most Most Renovate, $ 45 million in capital, $ 45 million and $ 300 million in capital, provided credit institutions.
Flex, primarily, in addition to deposit products such as banking, it brings income from transactions and exchange fees related to cards and bill products. His personal platform is a subscription member.
While Rahman refused to detect hard revenue figures, he said that along with the company’s card and bill automation product, in 18 months, the annual total payment (TPV) has exceeded $ 1 billion (TPV). Currently, the Most Growth and Rahman expects to gain income by “5x” in 2025.
At the end of 2024, Flex had more than 28 employees in late 2023. AI and B2B plan to use a partial use of new capital in New York and San Francisco.
“Flex, B2B found a segment of a large B2B market, which is not taken into account by both innovator and the owner of large racists,” he said.
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