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Flex acquires a16z-backed Maza for $40M as fintech M&A heats up
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
Maza started out helping Spanish-speaking consumers – immigrants included – do things like open a bank account, get a debit card, and provide those that needed it with an individual tax identification number (ITIN). “As both companies gravitated toward the same user—business owners with consumer needs—the lines between the two began to blur,” said Flex founder and CEO Zaid Rahman. So Maza continued building in that direction, using the proceeds of a previously undisclosed $15 million Series A round of funding that it raised in 2024.
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