Fintech unicorn Brex set to close Israel R&D center as part of global layoffs | CTech
#Layoffs #Acquisition
Aug 21, 2021
techcrunch.com
Brex buys Weav, a universal API for commerce platforms, for $50M
#Partners #Expand
About
Brex Cash is a fintech company that offers an alternative to banking and is more like a cash management account set up to take deposits, payments, and track expenses.
Brex Cash Management allows small businesses to control their cash flow more effectively. Their goal is to focus on the new generation of small business owners and the core of how they do business in a virtual world.
Brex Israel was formed following the acquisition of fintech Start-Up, Weav. As part of the acquisition, Brex will be expanding its global presence by building an innovation hub and hiring employees in Israel.