Brex Makes Three Key Acquisitions

Credit card fintech Brex has made three acquisitions as the company looks to grow through a number of different ways; the company acquired blockchain startup Neji, web publishing startup Compose Labs, and internal database company Landria for undisclosed amounts; “Because of the markets, there will be opportunities that weren’t possible before,” Brex Co-CEO Henrique Dubugras said to Business Insider. “Valuations are correcting and many startups can’t raise [funds] right now, so they find it better to work together on things. We are in a position with a lot of cash and a strong business model, so we are in a position to help a lot of these companies.”; with all the uncertainty happening companies are trying to figure out how to survive as investor capital might not be available for the foreseeable future; Brex was in a unique position with the amount of cash they have amassed to make the moves and they are still on the lookout for more deals. Business Insider

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.