In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was the first to report that Brex was raising the capital and had achieved decacorn status. Greenoaks Capital and TCV co-led the financing, which brings the […]
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate […]
Brex buys Weav, a universal API for commerce platforms, for $50M – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
The huge sale of Utah-based startup Divvy to Bill.com is still bouncing around my head this week, not only because the $2.5 billion exit was huge for both the company and its local scene, but also because its target market is exciting to watch. Divvy competes in what we call the corporate spend market with a few other unicorns, including Ramp and Brex. This week Brex announced that it is rolling out IRL advertising in a few American cities.