May 19, 2020

Brex Announces $150M Capital Raise

SAN FRANCISCO–(BUSINESS WIRE)–Brex, the financial technology company reimagining financial systems for growing companies, today announced that an investment group including Lone Pine Capital as well as a group of existing investors led by DST has invested an additional $150 million in the company. The investment represents a slight premium to Brex’s post money valuation. This fresh capital strengthens the Brex balance sheet and bolsters Brex’s standing as the leading financial services provid


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