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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). In May, Brex closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said.

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well known on the capital markets side. “As Fair has grown, the skill sets needed to drive the business forward change,” the company said in a statement. That’s hardly all.

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well-known on the capital markets side. “As Fair has grown, the skillsets needed to drive the business forward change,” the company said in a statement. That’s hardly all.

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

PYMNTS

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

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FinDEVr Preview: Hyperwallet

Fintech Labs Insights

On October 6 & 7 in San Francisco, 60 companies will present their latest developer tools, tips, and integrations. Check out more of today’s FinDEVr Preview posts: Thinking Capital. Personal Capital. Today starts our FinDEVr Preview blog series. Register today and don’t miss out. Lleida.net.

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Xero Partners with Expensify for In-House Expense Management

Fintech Labs Insights

“From one product-driven technology company to another, we’re committed to improving an already world-class user experience and process,” Expensify Director of Sales and Success Jason Mills said.