Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish … Continue reading Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
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