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Image Credits:Co-founders Henrique Dubugras (L) and Pedro Franceschi (R) / Brex
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Image Credits:Co-founders Henrique Dubugras (L) and Pedro Franceschi (R) / Brex
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FintechBrexexpects its yearly net revenue to arrive at $ 500 million in 2025 , according to a soul intimate with the company ’s operation as cited byBloombergandThe Information .
While the startup did not notice on the specific revenue projection , it did deal that Brex has learn “ 3x overall revenue growth ” twelvemonth - over - class . It also told TechCrunch that it has grow its endeavour business by 80 % class - over - yr . Brex say it now counts over 150 public company as customers , including Anthropic , Arm , Robinhood , ServiceTitan , Sonos , and Wiz .
CEO and co - founder Pedro Franceschitold TechCrunchin 2024 that he expected the troupe to be hard currency - flow incontrovertible by 2025 . At that clock time , he state that an initial public offering would before long follow the company turn a profit but that it had to “ get there first . ”
The startup has brought in over $ 1.5 billion in both primary and secondary dealings andwas valued at over $ 12.3 billionat its peak in 2022 .
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