Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Brex announced partnership with Airwallex to enhance the company's global expansion. The collaboration will bring Brex's solutions worldwide.
Mastercard is already working with names like Brex, Revolut and TransferWise; they have also announced programs in order to make...
Credit card fintech Brex has made three acquisitions as the company looks to grow through a number of different ways;...
It has been an interesting to say the least as we have watched everything play out with the Paycheck Protection...
Focusing increasingly on customer-facing AI tools, Brex has launched an employee expense assistant that integrates into employees' day-to-day.
The news this week was dominated by the crypto crash as we heard about layoffs at Coinbase, problems at Celsius and a continued downturn in crypto prices. There was plenty of BNPL news as well.
Why are high valuations bad? You've heard me talk about how the trend of Fintech bundling, and the unicorn and decacorn valuations led by SoftBank and DST Global, are creating underlying weakness in the private Fintech markets. Of course, they are also creating price compression and consolidation in the public markets (e.g, Schwab/TD, Fiserv/First Data) across sub-sectors. But public companies are at least transparent and deeply analyzed. Private companies have beautiful websites, charismatic leaders, and impressive sounding investors. Often when you look under the hood, it's just a bunch of angry bees trying to find something to sting.
The startup has officially raised their $100 million round, valuing the company at $2.6 billion; what’s amazing is that the...
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