Brex refocuses on startups with hire of SVB veteran, ex-a16z operating partner | TechCrunch

TL;DR

But then in March, Silicon Valley Bank imploded. ”The company also wants to be more present physically, by hosting events in various cities such as San Francisco, New York and Los Angeles, for the startup community and offering more “Brex ambassadors” that can serve as the face of the brand that founders, operators and VCs can go to for advice, perspective and connections to other founders. Lidor, who leads Brex\u2019s Israel office, will be focused on Brex business accounts \u2014 cash management accounts with FDIC insurance through partner banks and a suite of money movement tools across ACH, wires and checks

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