Brex - FinTecBuzz

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FinTecBuzz

by BusinessWire

Brex Announces $150M Capital Raise

Brex Announces $150M Capital Raise

May 21, 20204 min

Lone Pine Capital Joins Existing Investors Led by DST

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by BusinessWire

Brex Hires Google Executive Paul-Henri Ferrand as Chief Operating Officer

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Brex Hires Google Executive Paul-Henri Ferrand as Chief Operating Officer

January 22, 20203 min

Brex, the financial technology company that helps ambitious companies scale, today announced the hire of Paul-Henri (PH) Ferrand as COO, to lead Brex’s go-to-market function through the company’s next phase of growth and expansion. Ferrand joins Brex from Google, where he was President, Global Customer Operations for Google Cloud. “PH is a crucial hire for our team as we continue to scale. He brings the unique combination of experience with rapid scaling and growth while...

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by BusinessWire

Brex Signs $200M Debt Capital Raise

Brex Signs $200M Debt Capital Raise

December 13, 20193 min

Brex, the financial technology company that helps ambitious companies scale, today announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse, backed by Brex’s corporate charge card receivables. This is Brex’s second warehouse line of credit – its first was a $100 million debt facility announced with Barclays Investment Bank in April 2019....

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