Brex, a fintech startup, is projected to achieve $500 million in annual net revenue by 2025, according to insider sources. The company has experienced significant financial growth, noting a threefold increase in overall revenue year-over-year and an 80% growth in its enterprise business. Currently, Brex serves over 150 public companies, including notable clients like Robinhood and Sonos. CEO Pedro Franceschi indicated that the firm aims to become cash-flow positive by 2025, with plans for an IPO contingent on achieving profitability.
In 2025, Brex anticipates reaching an annual net revenue of $500 million, driven by impressive growth in its business and customer base.
Despite not confirming revenue figures, Brex reported a 3x revenue growth year-over-year and an 80% increase in its enterprise segment.
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