
Brex, a fintech startup known for its corporate card services, has reported a return to growth following a challenging period marked by significant cash burn. The company anticipates achieving $500 million in revenue by 2025, which reflects an ambitious goal as it explores the possibility of going public. Brex has experienced a notable 80% year-over-year growth in its enterprise business and now serves over 150 public companies, including prominent clients such as Anthropic, Arm, Robinhood, ServiceTitan, Sonos, and Wiz. This resurgence comes just over a year after fears of a potential startup failure. Brex's strategy has focused on scaling alongside its customers, ranging from startups to large enterprises, positioning itself as a leader in global cards and spend management.


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New from Brex: The startup says that it has grown its enterprise business by 80% year-over-year and that now counts over 150 public companies as customers including Anthropic, Arm, Robinhood, ServiceTitan, Sonos and Wiz. https://t.co/tUyi4wxLuE
Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers: https://t.co/aaJAuRzT9W by TechCrunch #infosec #cybersecurity #technology #news