Brex brings on $150M in new cash in case of an ‘extended recession’

Brex brings on $150M in new cash in case of an ‘extended recession’

Brex brings on $150M in new cash in case of an ‘extended recession’

“Fast-growing fintech behemoth Brex is raising big money as its customer base itself — high-growth and spendy startups — is struggling.

The company, which sells a credit card tailored for startups, today announced that it has raised $150 million in a Series C extension from a group of existing investors, including DST Global and Lone Pine Capital.”

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