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US fintech Brex names Karandeep Anand as its first president

  • Brex Leadership Change:
    • US-based expense management platform Brex appoints Chief Product Officer Karandeep Anand as its first president.
    • Anand joined Brex in January 2022, leading the development and launch of its flagship AI product, Brex Assistant.
  • Anand’s Background:
    • Anand brings over two decades of B2B product development experience, with a significant tenure at Facebook, where he held senior roles, including vice president, head of business products.
    • His career began at Microsoft in India as an intern, later rising to partner, director, and head of product management in Seattle, USA.
  • Brex Growth and Changes:
    • Brex, founded five years ago, experienced staff cuts and ceased serving traditional small businesses last year.
    • Despite challenges, the company reports over 300% growth in software revenue YTD and onboarding more than 20,000 customers.
  • Anand’s Vision:
    • Anand’s top priority as president is to maximize synergies between product and customer-facing teams.
    • Aiming to strengthen ties with customers, he emphasizes creating a robust feedback loop for continuous improvement.
  • Anand’s Statement:
    • Anand expresses commitment to strengthening connections between product builders and customers, fostering collaboration for mutual success.

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