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The company, which started off providing corporate credit cards for startups, and has expanded to payment and cash management products for small and medium sized businesses. Brex says its total customers increased 80% in the first quarter of 2021.
Competitor Ramp also recently raised a new round.
Tomio Geron ( @tomiogeron) is a San Francisco-based reporter covering fintech. He was previously a reporter and editor at The Wall Street Journal, covering venture capital and startups. Before that, he worked as a staff writer at Forbes, covering social media and venture capital, and also edited the Midas List of top tech investors. He has also worked at newspapers covering crime, courts, health and other topics. He can be reached at firstname.lastname@example.org or email@example.com.