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Brex Raises $150 Million During Middle of Pandemic

Brex Raises $150 Million During Middle of Pandemic

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EuropeFintechNews Roundup
··1 min read

Brex has announced a significant $150 million round at a time when fintech funding has slowed significantly; the round was all traditional equity and contained no debt financing; the round pegs the valuation of the company at around $3 billion according to co-CEO Henrique Dubugras; the round included Lone Pine Capital as well as many existing investors; Brex last raised $200 million in debt back in December and was in a strong capital position even before the pandemic; Henrique Dubugras shares his view on the state of the company in this article from Business Insider. Business Insider

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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