Tagged: henrique dubugras

August 17, 2023 @ 8:41 am By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, today launched group events — an expansion of Brex travel that “enables businesses to create and manage large scale, group corporate events for employees.” With this launch, Brex says it is “the first… Read More

August 3, 2023 @ 9:28 pm By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, launched Brex payables — an AI-enabled Accounts Payable (AP) solution, “combining enhanced bill pay capabilities and purchase cards.” Brex payables offers the controls “required by an AP team to manage procurement spend seamlessly… Read More

July 20, 2023 @ 11:04 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced a partnership with Brex, a U.S.-based financial technology company, to support its global expansion. Airwallex continues to “assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalyzing force… Read More

July 1, 2023 @ 6:24 am By Omar Faridi  |  

Brex, the fully unified global spend platform, announced that Jason Mok has joined Brex to support the firm’s commitment to serving startups and their founders. Coming from venture firm Andreessen Horowitz, Mok joins “at a pivotal time for startups and Brex as more founders than… Read More

June 3, 2023 @ 1:11 pm By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, announced significant momentum and growth of two of its products — Empower, Brex’s spend management platform, and Brex business accounts — which “have each achieved $100M in ARR.” In the year since its… Read More

May 6, 2023 @ 10:25 am By Omar Faridi  |  

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

March 28, 2023 @ 9:59 pm By Omar Faridi  |  

Brex recently announced Brex travel, a premium travel management experience that delivers comprehensive booking and management capabilities, all in the Brex dashboard and mobile app, “with unbiased global inventory, self-service trip changes, and 24/7 agent support.” With the addition of travel, Brex is “extending Empower… Read More

March 15, 2023 @ 7:30 pm By JD Alois  |  

Brex, a neobank providing various services for businesses to manage  their finances, has taken some heat today as Kenneth Ballenegger hammered the platform on Twitter for announcing a “massive devaluation with zero notice period of their rewards points.” Ballenegger, formerly of Republic/AngelList, is a VC… Read More

March 15, 2023 @ 7:17 am By Omar Faridi  |  

A Fintech firm’s Chief Executive Officer is reportedly attempting to secure over $1 billion in order to fund bridge loans for startups that have been affected by the spectacular collapse of Silicon Valley Bank (SVB). Fintech Unicorn Brex CEO Henrique Dubugras recently revealed that he’s… Read More

November 10, 2022 @ 8:35 am By Omar Faridi  |  

Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs. As part of the partnership, Brex has “joined Techstars’ global network of partners and will offer aspiring founders and early stage entrepreneurs… Read More

August 4, 2022 @ 9:40 pm By Omar Faridi  |  

Brex, the company “reimagining finance” for growing businesses, recently announced the appointment of Doug Adamic as its Chief Revenue Officer. Doug will “lead revenue and growth strategy for Brex as the company expands into financial software with Brex Empower and grows its global offerings for… 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

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

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

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

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

May 30, 2020 @ 6:00 pm By Omar Faridi  |  

San Francisco-based Brex, a company focused on developing B2B financial products, recently acquired $150 million in capital, in order to further strengthen its existing balance sheet and help it maintain operations during the COVID-19 outbreak. Now, the company has announced (on May 29) that it… Read More