8
Brex has raised $300 million
source link: https://fintechranking.com/2021/10/22/brex-has-raised-300-million/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Brex has raised $300 million
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 TechCrunch.
The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate spend startup Brex is now valued at $12.3 billion. Greenoaks is said to be leading the investment, which also reportedly includes return backers who want more of a stake in the company after seeing the “strength” of the business. Brex is on track to double revenue this year.
Read more: TechCrunch
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK