Fintech credit card company Brex acquires DLT-based software company Neji

Finx credit card company Brex, backed by Y Combinator, announced the acquisition of three startups, including distributed ledger technology (DLT) -based software company Neji. According to a press statement issued by Brex, the acquisition is a recognition of Neji’s expertise in customer data protection, ensuring the security of Brex Cash, Brex’s latest cash management product. In addition to Neji, Brex also acquired video technology startup Compose Labs and internal knowledge database startup Landria to assist the company in data engineering and infrastructure construction. According to block123.com, Neji was founded in 2017 with the goal of simplifying the adoption of DLT in multiple cloud deployments through network security and network efficiency products. Raised $ 2.8 million.