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Brex is a fintech startup that aims to be a one-stop financial shop for startups and small businesses, offering a deposit account, a corporate credit card and lines of credit as well as expense management tools. Since its 2017 launch it's taken on over 20,000 clients from startups to well-known brands such as Airbnb and Door Dash. After the sudden collapse of Silicon Valley Bank, Brex was inundated with calls from businesses in need of immediate credit lines. Fortunately, they weren't required after the US government stepped in, but Brex founder and co-CEO Henrique Dubugras says the fall of SVB is a pivotal moment for the industry.
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By CNNI3.3
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Brex is a fintech startup that aims to be a one-stop financial shop for startups and small businesses, offering a deposit account, a corporate credit card and lines of credit as well as expense management tools. Since its 2017 launch it's taken on over 20,000 clients from startups to well-known brands such as Airbnb and Door Dash. After the sudden collapse of Silicon Valley Bank, Brex was inundated with calls from businesses in need of immediate credit lines. Fortunately, they weren't required after the US government stepped in, but Brex founder and co-CEO Henrique Dubugras says the fall of SVB is a pivotal moment for the industry.
To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Learn more about your ad choices. Visit podcastchoices.com/adchoices

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