Brex

Ex-Brex exec Sam Blond is already leaving Founders Fund just 18 months after he joined

Sam Blond is leaving Founders Fund, as well as the profession of venture capitalist, just 18 months after he joined the storied Silicon Valley firm. In a tweet on Monday, Blond expressed his gratitude

Inside Brex’s efforts to burn less cash

Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and more! I may be taking som

Brex and the curse of having too much money

Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Today was somethin

Brex cuts 20% of staff amid reports of stalled growth, high burn

Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (t

Inside Brex and Ramp’s AI ambitions

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign

Ramp taps AI as fintech hunts for growth

Ramp and Brex have been vocal about how they believe AI will transform the way they operate and serve their customers.

Brex expands into group events while Mesh Payments moves into travel

As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. Today, fintech startup Brex announced it is

As spend management space heats up, Brex and Rho turn to AI startups to help power new products

The competition in the spend management space continues to intensify. Brex and Rho today each announced AI-powered/enabled accounts payables offerings. Their announcements coincidentally came out the

Brex refocuses on startups with hire of SVB veteran, ex-a16z operating partner

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community

Inside Stripe’s latest moves

Welcome back to The Interchange! If you want this in your inbox, sign up here. While there is always a lot going on in the world of fintech, this week felt a little subdued overall — at least when

Vice files for bankruptcy, Foxconn’s investment in India and two fascinating startup rounds

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the week

Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios

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The fintech space continues to be competitive and drama-filled

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive

Brex takes a swipe at Concur with an expansion into travel

In yet another example of how competitive the spend management space has become, Brex announced today that it has expanded into travel. Besides seeking to snag market share from incumbents such as Con

Brex CEO is trying to raise over $1B in a weekend for SVB-related bridge loans

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 an

Two CEOs is better than one with Henrique Dubugras from Brex

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Brex co-founder and co-CEO Henrique Dubugras to chat about his corporate credit card and

Brex’s 2022 reality

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to

FTX’s failure could be a stress test for corporate credit card startups

Startups serving startups feels a bit riskier in a post-FTX cryptocurrency era. Here's how Ramp, Brex and Rain are thinking.

Unit’s banking-as-a-service platform is getting into the charge card game

If the banking-as-a-service fintech Unit does its job right, it will be ubiquitous among businesses and simultaneously have a name unknown to the end user. The company gives companies a way to embed f

Most of the unicorns aren’t

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Oh what a week. What a week. Things are busier than ever at T
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