Brex, Ramp tout their view of the future as Divvy is said to consider a sale to Bill.com

Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to Bill.com for a price that could top $2 billion. For the fintech sector, it’s big news.

Corporate spend startups including Ramp and Brex are raising rapid-fired rounds at ever-higher valuations and growing at venture-ready cadences. Their growth and its resulting private investment were earned by a popular approach to offering corporate cards, and, increasingly, the group’s ability to build software around those cards that took into account a greater portion of the functionality that companies needed to track expenses, manage spend access,

→ Continue reading at TechCrunch

More from author

Related posts

Advertisment

Latest posts

PG&E Admits it Broke 2020 Promise to Fully Inspect 50K Poles in High Fire Risk Zones

INVESTIGATIVE PG&E Admits it Broke 2020 Promise to Fully Inspect 50K...

AI (Artificial Intelligence): How Non-Tech Firms Can Benefit

Even though AI continues to thrive and grow, there remain challenges to use the technology. Just some include finding data scientists, determining the right...

Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum

Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons,...