Flex acquires a16zbacked Maza for $40M as fintech M&A heats up

Image for article Flex acquires a16zbacked Maza for $40M as fintech M&A heats up
News Source : TechCrunch

News Summary

  • Flex, a startup that offers personal finance software for business owners, has acquired Maza
  • Maza started out helping Spanish-speaking consumers do things like open a bank account
  • In 2024, Maza said it was scaling revenue at a 290% year-over-year growth rate and had 250,000 customers
Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance app aimed at Spanish speakers in the U.S., for $40 million, the companies told TechCrunch exclu [+3607 chars]

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