To Support the Health of the Startup Ecosystem, Brex Diversifies Its Own Corporate Funds into Silicon Valley Bridge Bank

SAN FRANCISCO, March 15, 2023 /PRNewswire/ — To support the health of the startup ecosystem, Brex today announced it has moved $200M of its own corporate funds from big banks to Silicon Valley Bank. With the formation of a newly created, full-service FDIC-operated ‘bridge bank’, Silicon…

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