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Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Pedro Franceschi will serve as sole CEO of fintech Brex while Henrique Dubugras becomes chairman of the board.
360 One WAM, India’s largest wealth manager focused on ultra-high-net-worth individuals, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. Helen Toner, a former OpenAI board member and the director of strategy at Georgetown’s Center for Security and Emerging Technology, is worried Congress might react in a “knee-jerk” way where… Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration.…
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