Californian Brex acquires DLT startup Neji

American fintech Brex has just announced the acquisition of 3 startups, whose Neji, a young shoot specializing in blockchain and data protection.

According to a press release, Brex acquired Landria, a startup that helps companies manage their tools SAAS, the next generation video company Compose Labs and the DLT specialist Neji.

Brex is committed to helping growing businesses grow, especially in difficult environments. We look forward to integrating the talented members of the Neji, Compose Labs and Landria in the Brex team, "said Henrique Dubugras, co-founder of Brex.

Founded in San Francisco in 2017, Neji focuses on solving security and networking issues related to scalability of distributed registers (DLT) through hybrid cloud and multi-cloud deployments.

Protecting customer data and assets is essential to us at Brex and so I'm very happy to welcome Neji in the Trust team, "said Shruti Gupta, director of engineering at Brex.

Fintech, which has raised more than $ 500 million, including 200 recently during a financing round completed by Credit Suisse, did not reveal the amount different acquisitions.

Although the Covid-19 pandemic seems to have slowed operations of this type, Dubugras explained on TechCrunch that on the contrary it had "reinforced the importance of investments in sectors like security, e-commerce or customer support ”.