Brex CEO seeks to raise over $1 billion in weekend for SVB bridge loans

Image Credit: Techcrunch
  • Brex CEO Henrique Dubugras is attempting to raise over $1 billion in a weekend to fund an emergency bridge credit line.
  • This bridge credit line is intended to help startup customers affected by Silicon Valley Bank’s collapse make payroll next week.
  • Dubugras has declined to comment on how much capital has been committed.
0
0
0
Share 0
Tweet 0
Share 0