Brex

Brex is a finance platform for businesses that provides corporate cards, banking, expense management and travel tools to founders and finance teams. The company describes its offering as an intelligent finance platform built for speed and control, with services available in more than 120 countries. Pairing corporate cards with finance software places Brex in the spend management category, where the aim is to apply spending policy at the point of purchase rather than only reviewing expenses after the fact. Brex LLC is a wholly owned subsidiary of Capital One, N.A.

Brex's products include corporate cards with built-in controls such as budgets and spend limits, AI-assisted expense reports and approvals, in-app travel booking, and bill pay that automates invoice entry and vendor payments. Its business account adds treasury features and access to additional FDIC insurance through program banks, while its accounting tools offer ERP integrations and automated general ledger coding by entity. Taken together, the products span the path from authorising a purchase to closing the books, work that many finance teams otherwise split across separate card, expense, payables and accounting systems.

More than 35,000 companies use Brex, including DoorDash, ServiceTitan, Wiz and Five Guys. The company tailors its offering to startups, mid-size companies and enterprises, and it also serves ecommerce brands. Its stated mission is to help employees anywhere make better financial decisions, which it ties to a view that the way companies operate has changed while most financial providers have not.