Brex

The first corporate card for startups

Brex is a corporate card powered by modern software. Startups can get instant approval on corporate cards that offer high limits and don’t require any kind of personal guarantee.

Discussion
Would you recommend this product?
124 Reviews5.0/5
Hey PH – Henrique from Brex introducing the first corporate card for startups. My cofounder Pedro and I rebuilt the tech stack from scratch to offer a better corporate card to all of the founders / startups that have to personally guarantee a card. We designed an awesome self-signup flow which makes accessing our product really easy. With the Brex card you get: - High limits and no personal guaranteed cards - Data and expense management tools to manage the spending of a scaling enterprise - Receipt tracking - reply to Brex’s automated texts with a photo of the receipt and it’s automatically uploaded and associated with the relevant transaction - A special deal – sign up before June 30 and get the $5/user/month fee for your users waived in perpetuity
Upvote (15)Share
@hdubugras What are foreign transaction fees like?
@dvdhsu There are no foreign transaction fees!
Upvote (5)Share
@hdubugras Amazing! Brex looks really cool!
Upvote (3)Share
@hdubugras, This looks great. A random thought if you have started with B2B sales : Try reaching out to companies who have recently raised funds. These companies will be more interested in this kind of product and would be willing to spend on it to maintain their expenses and all. You can also reach out to companies hiring for finance manager/controller and falls in the employee strength less than 50.
@shreyaa_ratra Thanks for the tips!
Upvote (1)Share

I have never used this product so someone who has - for an extended period of time - should please feel free and correct me.

Pros:

Great rewards

Cons:

Didn’t the smooth talking founder of Fyre festival ALSO launch a similar credit card? If it sounds too good to be true...

Very interested in finding out more!
Upvote (1)Share

Team is great to work with when there are issues.

Pros:

Easy integration with accounting software. The rewards keep on getting better!

Cons:

None

Upvote (2)Share
Congrats! Very smart move. I'm curious about how you deal with credit risk.
Upvote (1)Share
@felipeantunes Great question. When customers join, they link their bank account, which gives us the necessary data to mitigate risk. Brex considers factors relevant to the business: investors, cash balance, and spending patterns, and sets the limit accordingly.
Upvote (2)Share