Update on Sunday, March 12, 2023: The Federal Reserve announced that Silicon Valley Bank’s depositors will be fully protected and that cash will be accessible starting Monday for both the insured and uninsured. As a result of this announcement, Brex CEO Henrique Dubugras wrote on Twitter that Brex’s”emergency payroll loan offer is no longer required,” … Continue reading Brex CEO is trying to raise over $1B in a weekend for SVB-related bridge loans