Fintech Startup Brex Taps Barclays for First Compliance Chief

Brex Inc., a technology company seeking to disrupt the credit card industry, has hired Frederick Reynolds as its first chief compliance officer.

Reynolds, who spent the past four-and-a-half years as a managing director and global head of financial crime, employment, and competition at Barclays PLC in New York, started his new role at Brex last week.

The company, founded in January 2017 by two college dropouts from Brazil, is one of several startups seeking to shake up the corporate credit card business. Brex was valued at $7.4 billion in April after raising $425 million in a funding round led ...