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Brex, a fintech offering credit cards to startups, will take in $100 million of debt capital, according to an announcement from the company and the Barclays Investment Bank. So reports PYMNTS.
As Brex has expanded, it made improvements to its “financial and capital market infrastructure,” including software upgrades and new hires. Brex offers credit cards to startups that have higher credit limits, instant approvals and greater transparency.