Fintech company Flex raised $70 million to grow its stablecoin-based platform, Flex Global, which offers multi-currency accounts to middle-market businesses operating internationally. Stablecoins enable faster, cheaper cross-border payments by settling transactions instantly and locking prices, addressing challenges faced by businesses managing multiple currencies and jurisdictions. While stablecoins simplify payment rails, complexities like FX and compliance remain, requiring intermediaries. Flex aims to differentiate by bundling banking, payments, and credit services with AI-driven credit decisions, targeting businesses generating $3M to $200M annually and reshaping traditional banking relationships.
The global electric vehicle (EV) market is projected to grow annually by 9.0%, reaching a value of $2.74 trillion in 2026, driven by regulatory changes, expanded charging infrastructure, and battery supply-chain development. Key growth areas include ...
Revenium has successfully completed a SOC 2 Type II audit conducted by AuditOne LLP, confirming the security, availability, and confidentiality controls of its AI cost and spend management platform. This certification is crucial as enterprises increa...
Lyora Therapeutics, a biotech startup, has launched with $2.5 million in seed funding to develop genetic medicines targeting inherited retinal diseases that currently lack treatments. Their lead programs, LYA-101 and LYA-102, aim to treat retinitis p...
Flex secured $70 million in a Series B1 funding round led by Halo Fund to accelerate the launch of Flex Global, an AI-native private banking platform serving high-net-worth business owners in over 100 countries. The platform integrates multi-currency...
Fanatics Studios and DICK’S Sporting Goods’ Cookie Jar & a Dream Studios are producing a documentary about Olympic gymnast Suni Lee. The film offers an intimate look at her life, focusing on her comeback after battling chronic kidney disease and comp...
