Brex

Brex is a financial technology company founded in 2017, built on the premise that the financial tools available to startups are too slow, too manual, and too legacy. Brex offers corporate cards, expense management, and business banking designed for high-growth companies.

## Core Platform

**Corporate cards** — Brex issues corporate cards with high limits (often 10–20x traditional corporate cards) based on your business's cash position rather than personal credit. Cards work globally with no foreign transaction fees.

**AI expense management** — Brex's AI automatically categorizes transactions, suggests expense codes, and flags policy violations. Receipts are matched automatically via email receipt capture or the Brex mobile app. Accounting sync with QuickBooks, NetSuite, and Xero.

**Brex Travel** — Integrated corporate travel booking with Brex Empower, Brex's AI spend management product. Employees book within policy; expenses flow automatically.

**Business accounts** — Brex offers FDIC-insured business checking accounts with high-yield savings, instant ACH, and wire capabilities. Treasury feature lets companies put idle cash to work in money market funds.

**Spend policies** — Set spending rules by employee, department, project, or vendor. The AI enforces these in real time, declining out-of-policy transactions rather than flagging them after the fact.

## Who Uses Brex

Brex is popular with VC-backed startups (it became the default card for Y Combinator companies) and has expanded to serve mid-market and enterprise customers. Brex's AI features are more sophisticated for tech-forward finance teams.