Brex reportedly raises $300 million

San Francisco-based fintech start-up Brex has reportedly raised $300 million in venture funding that values the company $12.3 billion in a deal led by Greenoaks Capital Partners. The fundraise comes just six months after the start-up was valued at $7.4 billion in a $425 million Series D round led by Tiger Global Management.

The deal has not been confirmed by Brex yet but brings the total raised to date to an impressive $1.5 billion for the company founded in 2017.