Flex has secured $60 million in Series B funding to expand its AI-driven financial platform for mid-market business owners. The company aims to provide a comprehensive solution that addresses the complex financial needs of these owners, moving beyond traditional banking services.

This article discusses how onchain credit protocols and stablecoins could revolutionize unsecured lending. By using programmable money and real-time funding, the traditional credit card system can be improved, enabling better capital allocation and transparency. The piece also highlights the need for new credit scoring methods and infrastructure to support this shift.

Block has reported that its businesses have collectively extended over $100 billion in credit, highlighting their significant impact in the financial sector. This milestone reflects the company's ongoing efforts to provide accessible financial solutions to various businesses.