On December 4, 2025, fintech company Flex announced it had closed a $60 million Series B equity funding round led by venture capital firm Portage Ventures, bringing its total equity raised to around $105 million. The company’s leaders say they intend to use this capital to expand their suite of financial tools aimed at mid‑market business owners, including AI‑driven capabilities and broader product development. The Series B round was reported by outlets including Reuters and funding‑focused publications. (Reuters)

According to reporting, the Series B funding positions Flex at an approximate $500 million valuation and supports its efforts to build a unified “AI‑native financial platform” for businesses. The company has stated it aims to serve owners of profitable companies with revenues between $2 million and $100 million. (Reuters)

Industry press has also noted that in the past year Flex’s revenue grew and its transaction volume increased, with reports citing expansion of service offerings such as private credit, business finance and payments infrastructure. (FinTech Futures)

What Flex’s Funding Announcement Says

The company’s own press materials describe the Series B as part of a strategy to scale what it defines as an “AI‑native finance” platform, targeting business owners whose financial needs span multiple dimensions. This includes activities like credit, cash flow management and other tools that the company says can be integrated into a single stack for users. (Flex)

Flex and Miami Art Week / Art Basel Miami Beach 2025

Art Basel Miami Beach is an annual international art fair held in early December in Miami Beach and serves as the anchor event of Miami Art Week, a larger set of exhibitions, satellite fairs and cultural gatherings across the city. The fair’s public days ran December 5–7, 2025, with additional previews and specialist events in the days immediately before and after. (Miami Art Week)

Flex Hosted a Private Event During Art Week

During Miami Art Week 2025, a gathering referred to as “Flex Basel 2025” took place on December 6 at a waterfront location in Miami Beach. Lifestyle and event photography coverage online shows a hosted reception with music, performances and hospitality elements attended by a mix of invited guests. (World Red Eye)

The event’s promotional materials emphasize a blend of artistic, cultural and entertainment components, listing performances by DJs and experiences such as culinary features and entertainment. Separate listings and promotional pages describe the event as part of the broader Miami Art Week calendar, occurring alongside gallery shows, fairs and public exhibitions. (Flex)

Art Basel and Miami Art Week Context

Art Basel Miami Beach itself is organized around exhibiting contemporary art with galleries from around the world and related programming that draws collectors, curators and museum professionals. Miami Art Week typically includes a range of satellite fairs, exhibitions and cultural activities across the city, from photography shows and neighborhood gallery openings to large‑scale events beyond the official fair space. (Wikipedia)

Mainstream coverage of Miami Art Week highlights the variety of events — from museum blockbusters to festival‑style parties — that take place around the same dates as Art Basel’s official schedule. Many of these take place in Wynwood, South Beach and other Miami locations during the first week of December 2025. (Miami New Times)