Tag: Brex

Ramp’s $1.85bn raise widens gap over spend management rivals

Ramp, the US spend management platform serving businesses with expense, payments and fraud tools, has reportedly secured $1.85bn in fresh capital at a $60bn...

How LEGO is reshaping Nordic bank card services

Banks across Denmark and the wider Nordic region are drawing inspiration from one of the country's most beloved exports — LEGO — to build...

Numeric launches new cash tool after $51m Series B

Numeric, the San Francisco-based AI accounting automation platform founded in 2020, has secured a $51m Series B round as it accelerates its transition from close management software into a comprehensive finance operations platform.

Brex secures $235m credit facility to fuel growth of corporate card...

Brex, a leading corporate card and spend management platform, has closed a $235m revolving credit facility to bolster its product growth and scale its card solutions.

Data privacy platform Transcend secures $40m in Series B funding

Transcend, a next-generation data privacy platform, has announced the successful raising of $40m in Series B funding.

Team8 leads $5m seed round for FinTech start-up Ballerine

Ballerine, a leading player in the open-source risk decisioning platform arena, has announced a successful seed funding round.

Spend management giant Brex breaks decacorn status

US-based corporate spend management firm Brex, has raised an additional $300m in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV).

Zesty.ai pulls in $33m for AI-driven property risk

Zesty.ai, a provider of property risk analytics solutions powered by artificial intelligence (AI), has raised $33m in conjunction with their Series B led by Centana Growth Partners.

FinTech decacorn Brex buys bookkeeping developer Pry Financials

Spend management decacorn Brex has acquired bookkeeping and budgeting software developer Pry Financials in a $90m deal.

Climate risk assessment tool Zesty.ai scores debt from Brex

Zesty.ai, a predictive data analytics service for climate risk, has received $10m in venture debt from US spend management decacorn Brex.

120,000+ FinTech leaders get exclusive industry stories delivered every week