Brex's Strategic Shift
Brex initially announced a pivot away from small businesses, focusing instead on startups that have secured funding. However, the collapse of Silicon Valley Bank dramatically altered the landscape, leading to a surge in demand from startups seeking new banking solutions. In just one week post-collapse, Brex opened 4,000 new accounts and received $2 billion in deposits, highlighting the shifting dynamics in the startup ecosystem.In this clip
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Well done, Pismo and Visa! You gave SoftBank a win
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