BREX DROPS TENS OF THOUSANDS OF SMALL BUSINESS CUSTOMERS AS SILICON VALLEY ADJUSTS TO NEW REALITY

Brex drops tens of thousands of small business customers as Silicon Valley adjusts to new reality. Company began informing customers this week that they have until Aug. 15 to withdraw funds from online accounts and find new providers. Co-founder Henrique Dubugras: "It's terrible. It's the worst outcome for us, too" The move is the latest sign of a sea change occurring among start-ups as an abrupt shift in market conditions is forcing a new discipline.
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