Halo Fund leads $70M investment into AI-native private banking platform Flex

Flex has secured a significant $70 million investment in its Series B1 round, led by Halo Fund, co-founded by Ryan Smith and Ryan Sweeney, indicating a strong push towards AI-driven financial services. This investment signals the growing belief in AI's potential to revolutionize the private banking sector. With participation from several notable venture capital firms, Flex is poised to enhance its AI-native platform, likely improving personalization and efficiency for high-net-worth clients. This move underscores a broader trend of financial institutions leveraging AI to stay competitive and meet evolving customer demands.