Tagged: brex

June 20, 2022 @ 11:26 pm By Omar Faridi  |  

Spend management Fintech Airbase founder and CEO Thejo Kote recently commented on the latest development from Fintech firm Brex. Brex recently announced that they are going “to close all the accounts of small businesses to focus on enterprises and subscription revenue.” As noted by Thejo… Read More

May 13, 2022 @ 7:50 am By Omar Faridi  |  

Brex, the firm that is “reimagining” finance for growing businesses, recently announced it is expanding Brex Empower to serve employees from US-based companies in over 100 countries “across card, spend management, and reimbursements.” Brex Empower — a new software platform designed to enable businesses to… Read More

April 23, 2022 @ 2:47 pm By Omar Faridi  |  

Brex, the Fintech firm that is focused on reimagining finance for growing businesses, has  announced its acquisition of Pry Financials, which is a software platform “with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million.” As mentioned in the update, cash flow forecasting… Read More

April 14, 2022 @ 2:35 pm By Omar Faridi  |  

Brex, the firm that’s focused on reimagining finance for growing businesses, announced Brex Empower, a new software platform designed “to increase the speed of businesses by enabling a culture of trust and financial discipline.” Empower will serve as the foundation for all Brex products “moving… Read More

March 25, 2022 @ 9:02 am By Tony Zerucha  |  

U.S. Fintech company Brex has provided $10 million in growth capital via venture debt to Zesty.ai, a provider of predictive data analytics in the climate risk space. The financing will help Zesty.ai expand into use cases beyond insurance, including lending. Zesty.ai uses AI to deliver real-time assessments… Read More

January 26, 2022 @ 4:18 pm By Omar Faridi  |  

Silicon Valley Fintech Unicorn Brex and 1Password have teamed up to make online payments secure and a lot less frictionless. As mentioned in the announcement, 1Password clients may now use Brex virtual credit cards to “check out online with just two clicks.” Brex is a… Read More

January 11, 2022 @ 9:26 am By JD Alois  |  

Fintech Brex has confirmed the $300 million funding as part of a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV). It was reported in October 2021 that Brex had raised $300 million as part of the Series D and the company… Read More

January 2, 2022 @ 9:46 pm By Omar Faridi  |  

Like any industry, venture capitalism is “a shifting landscape with ebbs and flows, though to be fair, it hasn’t really ‘ebbed’ lately,” according to a blog post by US Fintech Unicorn Brex. The VC industry has seen tremendous growth during the past few years—one that’s… Read More

November 4, 2021 @ 10:14 am By Omar Faridi  |  

Brex, the Fintech Unicorn that is focused on reimagining finance for growing businesses, announced that Thasunda Brown Duckett has been appointed to the Brex Board of Directors “effective January 1, 2022.” Duckett, an experienced and forward-thinking financial services leader with valuable corporate governance experience, will… Read More

October 25, 2021 @ 7:40 am By Omar Faridi  |  

Corporate credit card Fintech Brex has reportedly seen its valuation surge to $12.3 billion after securing an additional $300 million in capital. No formal announcement has been made about Brex’s latest investment round, however, a term sheet has reportedly been finalized on the raise, according… Read More

August 27, 2021 @ 7:50 am By Omar Faridi  |  

US-based Fintech Unicorn Brex, the all-in-one or comprehensive finance solution for growing businesses, has introduced Brex Venture Debt, a newly-developed product that gives certain clients access to debt financing. Brex currently provides credit cards, cash management accounts, spend management, and bill pay software together via… Read More

August 17, 2021 @ 8:50 am By JD Alois  |  

Brex, a Fintech providing solutions for both big and small businesses, has acquired Weav, an Israel-based API platform for commerce sites. Brex has purchased Weav for $50 million, according to the company. The purchase is expected to help Brex expand its services globally by establishing… Read More

May 27, 2021 @ 10:42 pm By Samantha Hurst  |  

  Financial management platform for businesses Brex recently announced it is launching an integrated marketing campaign to reach businesses across the country. The campaign will feature local businesses via digital, video, social, and out-of-home (OOH) placements in Houston, DC, and Miami. According to Brex, the “All-in-One”… Read More

April 26, 2021 @ 11:56 am By JD Alois  |  

Financial management platform for businesses Brex has closed on a $425 million Series D funding round led by Tiger Global. This funding now brings Brex’s valuation to over $7.4 billion according to a statement by the company. Additional investors include new backers TCV, GIC, Baillie… Read More

April 20, 2021 @ 9:00 am By JD Alois  |  

Brex, a Fintech that offers cash management services and corporate cards, is now offering “Instant Payouts” for companies using Stripe, PayPal, and Square.  The feature was first launched last fall for business customers to gain immediate access to cash generated by their business. Instant Payouts… Read More

February 27, 2021 @ 2:55 pm By Omar Faridi  |  

Silicon Valley-based Fintech Unicorn Brex recently explained how selling wholesale can help your business expand its operations. Brex notes that many digital commerce business owners start out quite small: an online shop or retail location, a “handful of new products” and perhaps a couple of… Read More

January 21, 2021 @ 8:12 pm By Omar Faridi  |  

US-based Fintech firm Brex says that it goes without saying that as a business owner, it’s “essential to have a handle on your finances.” Brex writes in a blog post that the good news is that incorporating lets entrepreneurs easily take advantage of various financial… Read More

December 18, 2020 @ 9:38 am By Samantha Hurst  |  

Finicity, a Mastercard company and provider of open banking solutions, announced on Thursday it has signed a data access agreement with U.S. fintech Brex. Finicity repeated that through the partnership, it is extending its leadership in direct data access through the use of an application… Read More

November 22, 2020 @ 5:48 pm By Omar Faridi  |  

Henrique Dubugras, Co-Founder at Brex, a Silicon Valley-based Fintech Unicorn, recently noted that companies were forced to cut many jobs and were also more focused on retaining customers following the COVID-19 outbreak earlier this year. Dubugras now claims that the startup space is booming once… Read More

October 28, 2020 @ 3:22 pm By Samantha Hurst  |  

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More