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Prmagazine > News > News > Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers | TechCrunch
Brex eyes 0M in revenue as it adds the likes of Anthropic and Robinhood as customers | TechCrunch

Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers | TechCrunch

Financial Technology Britain’s separation According to people familiar with the company’s business, its annual net income will reach $500 million in 2025. Bloomberg and information.

While the startup has no comment on specific revenue forecasts, it does show that Brexit’s “overall revenue growth of 3 times” year-on-year. It also told TechCrunch that it has grown its enterprise business by 80% year-on-year. BREX said it now counts over 150 listed companies as customers, including Humans, ARM, Robinhood, Servicetitan, Sonos and Wiz.

CEO and Co-founder Pedro Franceschi Tell TechCrunch In 2024, he hopes the company will have positive cash flow between 2025 and 2025. At the time, he said the IPO would soon follow the company to make money, but had to “get there first.”

The startup brings more than $1.5 billion in primary and secondary transactions Valued over $12.3 billion At the peak of 2022.

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