Brex

All-in-one finance for every business.
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Brex is all-in-one finance for growing businesses. We help companies spend, save, and earn smarter—and take every dollar further—by doing more than a bank, bookkeeping, or reward program could ever do alone. After completing the Y Combinator accelerator program in 2017, Brex has grown to over 600 employees and raised over US $940 million in venture capital.

Latest launches

Brex Empower
A new software platform for spend management.
The Brex API
Automate almost everything
Brex Cash
Replace your bank account with Brex Cash.

What people like about Brex

, , and 181 others highly rated Brex for its design. Read reviews
1.9/5
Based on 194 reviews
Using Brex?

Brex's news

All news
  • Launch
    Brex credit cards and business accounts help startups scale fast, and Brex’s API can make you even faster. Use our API to power your internal tools, create custom workflows, and automate payments, issue virtual cards, reporting, and much more.
  • Announcement
    #2 Product of the day
    Brex Cash ranked 2nd Product of the day for Oct 3, 2019 with 348 upvotes and 21 comments
    Oct 3, 2019
  • Launch
    You can now replace your bank account with Brex Cash. It’s designed to be the primary operating account for your business, gives you free ACH & wire transfers, and your cash earns a yield of 1.6% or more.
  • Story
    How Brex Is Building the Startup Marketing Playbook (Beyond The Billboards)
    7 min read
    If you live in San Francisco or New York City, you may recognize Brex from its giant billboards or sprawling subway ads. The Y-Combinator-backed startup provides corporate credit cards for other startups, and was valued a...Read more.
    5
  • Launch
    Brex is built to help life sciences companies save time and money. Brex is the easy way to streamline your purchasing, with higher card limits, custom spend controls, and industry-specific rewards (like 3x on lab supplies), without any personal guarantee.

  • Launch

    Brex introduces the first corporate card for ecommerce. Brands with more than $50,000 in sales per month get interest-free net-60 terms with instant approval and 24/7 fraud monitoring.

  • Launch

    Brex is the first corporate card for startups. You can now earn points on all of your spend and get over $25,000 in value from partner offers including AWS, Salesforce, and WeWork. Over the course of a year, an average startup will earn at least 20% more than with competitor cards. Learn more at https://brex.com/rewards

  • Launch
    Get a business account, credit card, rewards, and expense management—all in one place, all designed to help you grow. No personal guarantee required.

Questions about Brex

Frequently asked questions

Can I use Brex card at ATM?

No, you cannot use your Brex card at an ATM. You cannot use your Brex card to make cash withdrawals or deposits. The card is designed specifically for business-related spending.

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Which bank does Brex use?

The Brex Mastercard is issued by Emigrant Bank, which is headquartered in New York City, New York.

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Does Brex run your credit?

No, Brex does not run or evaluate the business owner's personal credit score. Instead, Brex will evaluate the company's cash balance, spending patterns, and investors in order to determine eligibility.

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Is Brex good or bad?

According to Credit Karma, the Brex Card for Startups is "an excellent choice for startups with plenty of funding and founders who don't want the added risk of a personal guarantee should the company go out of business" Additionally, startups that do decide to go with Brex will enjoy the benefits of its rewards program, and have the opportunity to build business credit. Perks of the rewards program include redeeming points for cash, gift cards, and statement credit as well as the ability to turn points into airline miles.

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How does Brex make money?

Brex makes money by collecting a percentage of the interchange fee for every transaction processed with a Brex corporate credit card.

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Is Brex safe?

Yes, Brex is safe. As a member of the Securities Investor Protection Corporation (SIPC), any funds invested in securities are insured up to $500,000. Any uninvested funds you deposit in your Brex Cash account are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

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Is Brex legit?

Yes, Brex is legit. Brex is an American financial service and technology company headquartered in San Francisco. Founded in 2017 by Henrique Dubugras and Pedro Francheschi, Brex is actually the 2nd company that two brilliant friends started together. Both brilliant self-taught coders, the two young Brazilians first met online when they were 16 and struck up a friendship. Realizing their similar entrepreneurial tech ambitions, they decided to strike out together and in 2016, they sold their first payments company, Pagar.me, for tens of millions of dollars. Several years later, and their 2nd entrepreneurial brainchild Brex now has 10,000 corporate customers, a recent $425 million fundraising round, and more than $300 million in credit lines from Barclays and Credit Suisse. Brex is now valued at roughly $7.4 billion, and both Dubugras and Fracheschi are worth around $400 million each. Per its business model, Brex offers business credit cards and cash management accounts to technology companies. Brex has zero fees, and offers the option of investing idle funds in money market funds. As CEO and co-founder, Dubugras wants to keep Brex growing, with the hope that their company will be able to provide corporate credit cards to companies all over the world, so that "every growing company can realize their full potential."

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