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Brex eyes $2B+ valuation

May 31, 2019

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Brex, which provides corporate credit cards to startups and other businesses, is raising a new round led by Kleiner Perkins at a valuation of more than $2 billion, per Bloomberg. Founded in 2017, Brex raised $125 million last October at a $1.1 billion valuation. The San Francisco-based business secured $100 million in debt financing from Barclays Investment Bank in April.

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