Page 145 - Brex News Today

Kajabi, an e-commerce platform that serves knowledge-based businesses, said on Tuesday it raised $550 million in its latest round of funding led by Tiger Global Management, which puts the company’s valuation at over $2 billion.

F|T: The FinTech Times F|T: The FinTech Times – M&A surge Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.

The Kawasaki Brave Thunders are determined to accomplish big things with their signature “Big Lineup.” With the 2020-21 playoffs around the corner, the Brave Thunders are currently seen by many as one of the league’s legitimate title contenders. Kawasaki extended its record since Feb. 6 to 22-3 following Saturday’s dominant 108-88 win over the Sunrockers Shibuya. That result extended the team’s winning streak to seven games, including a pair of two-game series sweeps against powerhous...

Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5% […]

Share Travel management platform TravelPerk has announced a further US$160 million in equity and debt funding, bringing the total it has raised to date to US$294 million. The company says the Series D funding, from Greyhound Capital, will be used to focus on growth in the US and Europe, in particular, and on product innovations designed for the changing needs of travellers and small-medium sized businesses post-pandemic. Greyhound has investments in companies such as fintech com...

POLITICO Get the POLITICO Influence newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Updated Presented by Tyson Foods CORNERSTONE ADDS 2: Katelyn Bunning has departed Senate Minority Leader Mitch McConnell’s office, wher...

The new capital marks Brex’s largest fundraise to date, and was compiled at a valuation that is more than double its most recent private valuation. According to Crunchbase data, Brex’s mid-2020 Series C valued the company at just over $3.0 billion, including the investment’s $150 million in issued equity. The dueling rounds raised by Brex and Ramp underscore how active their product category is proving to be. Far from its roots in merely offering perk-laden corporate cards to growing comp...

Weav raises $4.3M to knit together a universal API for commerce platforms Weav, which is building a universal API for commerce platforms, is emerging from stealth today with $4.3 million in funding from a bevy of investors, and a partnership with Brex. Founded last year by engineers Ambika Acharya, Avikam Agur and Nadav Lidor after participating in the W20 YC batch, Weav joins the wave of fintech infrastructure companies that aim to give fintechs and financial institutions a boost. Specifically...

Brex, a San Francisco, CA – based financial service and technology company, raised a $425m Series D funding. The round, which valued the company at over $7.4 billion, was led by Tiger Global with participation from new investors TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners LP, Valiant Capital Management and Base10, and existing major investors Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital, Lone Pine Capital and IVP.  The company inte...

So, how did the company manage to so rapidly boost its valuation and raise its largest round to date? TechCrunch spoke with Brex CEO Henrique Dubugras after his company’s news broke. We dug into the how and why of its new investment and riffed on what going remote-first has done for the company, as well as its ability to attract culture-aligned and more diverse talent. More customers, more product Undergirding the company’s financial news today was its announcement of Brex Premium, a softwa...