When Brex cofounder and co-CEO Pedro Franceschi gathered his team for an all-hands meeting in July, the fintech company was at a crossroads. Since its founding in 2017, Brex, which offers corporate ...

When a company issues a corporate card, finance teams still need to know who spent the money, why it was spent, how it should be categorized and whether it followed company policy. That often means ...

Overview: Brex used company-level financial data to serve venture-backed startups without relying on traditional credit histories or founder guarantees.Brex exp ...

A fledgling fintech startup is today lifting the lid on a new credit card product specifically for startups, along with the announcement of $57 million in funding from some major figures in the ...

Brex, a fintech startup backed by PayPal cofounders Peter Thiel and Max Levchin, has raised $50 million in new venture capital, the company announced Tuesday. Y Combinator led the Series B funding ...

SAN FRANCISCO, Jan. 13, 2025 /PRNewswire/ -- Brex, the modern corporate card and spend management platform for startups and enterprises, today announced the closing of a two-year, $235 million ...

Brex, last valued at $2.6 billion, is restructuring its credit card for startups business and cut 62 staff members, the co-founders Pedro Franceschi and Henrique Dubugras said in a blog post. "Today ...

Capital One is acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The bank disclosed the deal in its fourth-quarter earnings statement. Brex ...

Brex reports that the cost of the Startup Starter Kit has risen to $4,417, reflecting a 14% increase, with AI tools becoming central to new companies’ spending.