Category: Brex
Brex, the credit card for startups, cuts staff amid restructuring
Brex, last valued at $2.6 billion, is restructuring its credit card for startups business and cut 62 staff members, the co-founders Pedro Franceschi and Henrique Dubugras said in a blog post. “Today we’re restructuring the company to better align our priorities with this new reality, while simultaneously accelerating our product…
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Clubhouse proves that time is a flat circle
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. First, a big thanks to everyone who took part in the Equity survey, we really appreciated your notes and thoughts. The crew is chewing over what you said now, and we’ll roll up…
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Extra Crunch members save money with Partner Perks and event discounts
Last fall we launched a series of new benefits for annual and 2-year Extra Crunch members called Partner Perks. The idea with the Partner Perks program was to find products or services that could benefit our readers, and then collaborate with the makers of the products to offer up discounts…
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Fintech’s uneven new reality has helped some startups, harmed others
Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutting staff. Others are facing a surge of users trying to find their financial footing in the face…
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Fintech CAC and the Great Credit Card Craze
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re getting two items out of my notebook while sticking to our recent fintech theme (Q1 fintech VC results here and more on investing patterns into the category here). Let’s chat…
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