Flex Raises $225M in Debt and Capital

Letter from the CEO

Two years ago, we set out to redefine financial empowerment for business owners—tearing down the walls between personal and company spend, income, and payments.

Today marks an inflection point on this journey as Flex closed $225M in equity and debt funding to accelerate our mission of growing owner-owned businesses. The capital raise includes a $25 million equity round led by Titanium Ventures, and a $200 million credit facility from Victory Park Capital.

Why does this matter?

Business and personal finances are deeply intertwined. This leads to “pull my hair” hours spent in front of excel reconciling costco credit card swipes, Shopify invoices, chiropractor bills, all in one.  SMB owners don’t think in silos — they yearn and deserve a single, powerful platform that handles everything from business invoices to personal spending.

The reality:

• Most business owners manage cash flow, credit, and expenses across multiple accounts, leading to costly reconciliation audits.
• Traditional banking and credit solutions are one size fits all and not hyper curated for an owner’s needs.
• The tools available today are fragmented, outdated, and don't provide real-time visibility into finances.

Flex unifies business and personal finances into one seamless platform.

In just 18 months, we’ve processed over $1 billion in total payment volume, co-piloting thousands of businesses in automating their payments, cash flow, and scale.

Our product vision is ambitious:

‍
Flex Credit: AI underwriting for hyper-personalized float and terms for owners .
Flex Banking: A modern banking experience with up to 2.99% yield on idle cash.
Flex Expense Management & AP Automation: AI invoice processing, which automatically ingests and schedules bill payments.

The funding will also be used to build out Flex’s consumer arm, which will allow business owners to manage their personal finances with the same power, control and seamless user experience as they do for their businesses.

Flex is building the first true financial ecosystem for business owners, and we’re still early.