Brex Ayoun $ 500 million in revenue because it adds the likes of man and theft as clients

Fintech Brex It is expected that its annual net revenue will reach $ 500 million in 2025, according to a person familiar with the company’s operations, as mentioned by Bloomberg and Information.

Although the startup company did not comment on dropping the specified revenue, it shares that Brex witnessed the “total revenue growth 3X” on an annual basis. TECHRUNCH also told her that her business has grown 80 % on an annual basis. Brex says that it is now more than 150 public companies such as customers including anthropoor, arm, robinne, service, Sonos and Wiz.

CEO and co -founder Pedro Franchishi Teccrunch said In 2024, it was expected that the company would be positive for cash flow by 2025. At that time, he said that the public subscription would soon follow the company to transfer a profit but it had to “get there first.”

The startup company brought more than $ 1.5 billion in both the initial and secondary transactions Its worth more than $ 12.3 billion At its peak in 2022.

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