The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 6 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Brex is the only next-gen card company owning its financial infrastructure
“The way that we differentiate against our competitors is the fact that we're the only next gen Category-defining company that owns our own financial infrastructure. Vertically integrated, so to speak. And what that means is getting super technical is that we d…”
Franceschi: Brex's acquisition by Capital One is the largest bank-fintech deal ever
“Here's a crystallized outcome, which is the biggest deal of this size that ever happened in history, and the scale of a bank and a fintech company.”
Franceschi: Brex and Ramp hold just ~3% of US corporate card market
“Braxton Ram combined probably have three percent of the U S markets.”
Capital One filings allocate $950M for Brex integration and retention
“The public filings from Capital One, you know, there's nine hundred and fifty million dollars of integration costs and retention and all that.”
Levy: Brex partnered with First Republic in 2018 against SVB
“We just signed a partnership with First Republic Bank. And I said, okay, interesting, but aren't you guys like a, Year old startup. And he's like, yeah, they want to compete more with Silicon Valley bank, who has an all in one suite of banking and corporate ca…”