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Brex leaving adrift some SMB customers roils corporate spend market

Given how competitive the corporate spend world has proved, Brex has kicked off an interesting strategic conversation in the well-funded fintech...

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These Y Combinator-backed startups want to build the next Brex

At least four startups at Y Combinator’s W22 batch – from three different regions – referred to themselves as the “Brex for" their...

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Airbase teams up with Amex on corporate spend, raises a little capital from the giant

This morning Airbase, a startup in the corporate spend space, announced that it is working with Amex on a pilot that will see its service offered to...

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Airbase announces free tier, plans to return nearly all interchange revenue to its customers

A good thing about technology products is that they can make a particular type of service cheaper over time. We're seeing the phenomenon play...

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Airbase adds spend support for international subsidiaries

Airbase, a corporate spend management startup, announced this morning that it now supports subsidiaries in different countries for U.S.-based...

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LatAm-focused corporate spend startup Clara raises $30M months after its last round

This morning Clara announced that it closed a new, $30 million funding round and secured a $50 million revolving debt facility. The startup, which...

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Why did Bill.com pay $2.5B for Divvy?

Let's unpack the deal to gain a better understanding of the huge exit and the value of Divvy's richly funded competitors.

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Brex, Ramp tout their view of the future as Divvy is said to consider a sale to Bill.com

Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend...

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Brex raises $425M at a $7.4B valuation, as the corporate spend war rages on

Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115 million at a $1.6 billion valuation, this...

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Ramp looks to raise more capital as the corporate-spend market mints unicorns

Earlier this year Divvy, a Utah-based software company that provides corporate spend management software, raised a $165 million round at a $1.6...

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Ramp secures $150M debt line from Goldman Sachs as the corporate spend market grows

This morning Ramp, a startup that competes in the corporate spend market, announced that it has secured a $150 million debt facility with Goldman...

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Ramp and Brex draw diverging market plans with M&A strategies

From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track...

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Airbase raises $60M as the corporate spend market segments, matures

This morning Airbase, a corporate spend startup, announced that it has closed a $60 million Series B led by Menlo Ventures. The deal’s...

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