Brex Cash is the cash management account of the leading fintech startup best known for its corporate card for growth companies; Brex Cash launched in October and featured protection by the Securities Investor Protection Corporation (SIPC); Brex announced today that Brex Cash accounts will now be protected by FDIC insurance through its partnership with UMB Bank; Brex co-founder and co-CEO Henrique Dubugras said, “Brex Cash gives its customers peace of mind when it comes to storing and accessing their money. With today’s uncertain economic and interest rate environment, offering our customers flexibility on how to store their cash is a powerful added benefit.” PYMNTS.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.