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...
Read moreCategory: Airbase
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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.
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more