AI private banking startup Flex raises $70m

Flex, an innovative AI-driven private banking platform targeting high-net-worth business owners, has secured $70 million in funding to fuel its global expansion. This significant capital boost highlights the growing interest in AI-based financial services, particularly among affluent clients seeking personalized, tech-forward banking solutions. The funding round signals Flex's ambition to expand beyond its initial market reach, potentially reshaping the private banking landscape by integrating advanced AI technologies.