Financial services firm Flex raised $120 million in a Series A equity and debt financing round, according to a Sept. 19 press release. The firm raised $20 million in equity capital, led by Tampa, Florida-based Florida Funders. San Francisco-based investment manager CIM will fund up to $100 million through debt financing.
Flex, formerly known as Flexbase, is a firm that caters to business finances, and offers credit card, banking and treasury management services to its customers.