'You can never be too careful:' Fintech startup Brex raises $150 million in equity funding as other startups struggle with what its co-CEO calls 'COVID terms'
Business Insider -

Brex, the 3-year-old fintech unicorn, raised an additional $150 million in equity funding from existing investors and Lone Pine Capital, the company announced Tuesday.

The cash infusion raised the startup's valuation to "around the $3 billion mark," cofounder and co-CEO Henrique Dubugras told Business Insider.

Dubugras hinted that the startup was preparing to go public, and wanted to bring on an investor like Lone Pine that could help it navigate rocky public markets.

The round was made up...

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