Tagged: brex

Fintech Brex Now a Global Issuer Enabling B2B Payments in Oracle Fusion Cloud ERP

Brex, a self-described intelligent finance platform, has announced that it is collaborating with Oracle, becoming the fintech issuer that has been embedded within Oracle Fusion Cloud Enterprise Resource Planning (ERP). Leveraging Oracle’s integration with Mastercard, Brex will now enable Oracle’s global, embedded B2B payments solution… Read More

Fintech Brex Introduces Stablecoin Payments

Brex, the intelligent finance platform, announced the upcoming launch of native stablecoin payments. This will make Brex the global corporate card provider that enables instant balance payments with stablecoins. With this launch, customers with a Brex business account “will be able to accept stablecoins with… Read More

Fintech Brex Teams Up with DoorDash for Business to Deliver DashPass to Corporate Cardholders

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Brex, the self-described intelligent finance platform, announced a partnership with DoorDash for Business, which is described as DoorDash’s solution for workplace meals and employee perks, in order to “provide DashPass membership to US-based Brex cardholder.” Through this colla, employers who offer Brex cards “to their… Read More

Fintech Brex Sets Sights on European Expansion Ahead of Planned IPO

Brex, a $12 billion fintech startup backed by billionaire investor Peter Thiel, is laying the groundwork for a European expansion as it prepares for a potential initial public offering (IPO). The San Francisco-based company, known for its innovative corporate credit card and spend management solutions,… Read More

Fintech Brex Obtains European Union Payment Institution License

Brex is reporting that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. The newly acquired license will allow Brex to serve more European companies. Brex is in the process of setting up an office the Netherlands. With this… Read More

Fintech Brex and Zip to Transform Modern Enterprise Finance Stack

Brex and Zip, a “procurement orchestration platform,” have announced Brex for Zip – a solution that integrates Brex’s global card capabilities directly into Zip’s procurement workflows. This partnership delivers end-to-end spend orchestration that “eliminates the traditional disconnect between procurement requests and payment execution.” This enables enterprises… Read More

Brex Report a Roadmap to Navigating Growing Volatility

Brex’s recently published The CFO Imperative – How Finance Leaders Are Staying Ahead In a Volatile World provides a concise roadmap for finance executives navigating a business environment that has dramatically changed over the past four months. More than 500 finance executives were polled in… Read More

Brex Grows Enterprise Business as Anthropic, Robinhood, Others Select Fintech Platform as Spend Solution

Brex, the spend platform for businesses from startups to enterprises,  announced its enterprise business grew revenue “80%, while net revenue retention was nearly 140% YoY.” This past year, Brex’s overall revenue growth reportedly “grew threefold with net revenue retention up 15 points.” Brex now serves… Read More

Fintech Brex and Navan Launch Travel Management and Payment Card Solution for Enterprises

Brex, the corporate card and spend management platform for startups and enterprises, and Navan, the solution that makes travel and expense easy,  announced a new joint offering with the launch of BrexPay for Navan. This integrated business travel and payments solution brings together Navan’s travel… Read More

Brex Embedded Payment Solution to Unlock Global Payments Everywhere

Brex, the corporate card and spend management platform for startups and enterprises, announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. By integrating with providers across categories like… Read More

Fintech Brex Introduces Digital Banking Products for Startups

Brex, the all-in-one financial stack, launched new digital banking products and a number of updates to its flagship business account, giving founders access to capital where and when they need it. This launch makes Brex the “only” spend management platform “to marry corporate cards, expense… Read More

Fintech Brex Announces Closing of Securitization Transaction Out of its Commercial Charge Card Master Trust

Brex, the AI-powered spend platform for modern companies, announced the closing of its third securitization transaction out of its previously established Brex Commercial Charge Card Master Trust. The transaction included the “issuance of $260M of charge card asset-based notes rated by Kroll Bond Rating Agency.”… Read More

Uber for Business Announces Integrations with Expense Management Providers Brex and Ramp

Uber for Business, Uber’s enterprise arm, announced it has integrated with leading expense management providers Brex and Ramp. The integrations will automate receipt matching “for Uber rides and meals, which rank among the most-expensed items for employees.” This will help companies “of all sizes simplify… Read More

Spend Management Fintech Brex Introduces Tool to Streamline Work Processes, Increase Productivity

Brex, the unified global spend platform, announced the launch of Brex Assistant, a proactive assistant that simplifies expense management for employees and improves their productivity. Brex Assistant is the flagship product of Brex AI, “a suite of capabilities that transform spend management to enable unprecedented… Read More

Fintech Firm Brex Expands Travel Solution with Launch of New Features

Brex, which claims to be the first fully unified global spend platform, today launched group events — an expansion of Brex travel that “enables businesses to create and manage large scale, group corporate events for employees.” With this launch, Brex says it is “the first… Read More

Fintech Firm Brex Launches Payables, an AI-enabled Accounts Payable (AP) Solution

Brex, which claims to be the first fully unified global spend platform, launched Brex payables — an AI-enabled Accounts Payable (AP) solution, “combining enhanced bill pay capabilities and purchase cards.” Brex payables offers the controls “required by an AP team to manage procurement spend seamlessly… Read More

Fintech Firm Airwallex Scales Money Movement, Collaborates with Brex

Airwallex, a global payments and financial platform for modern businesses, today announced a partnership with Brex, a U.S.-based financial technology company, to support its global expansion. Airwallex continues to “assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalyzing force… Read More

Fintech Firm Brex Taps Jason Mok to Support Next Generation of Founders

Brex, the fully unified global spend platform, announced that Jason Mok has joined Brex to support the firm’s commitment to serving startups and their founders. Coming from venture firm Andreessen Horowitz, Mok joins “at a pivotal time for startups and Brex as more founders than… Read More

Fintech Brex Announces Steady Growth with Two Product Lines at $100M of ARR

Brex, which claims to be the first fully unified global spend platform, announced significant momentum and growth of two of its products — Empower, Brex’s spend management platform, and Brex business accounts — which “have each achieved $100M in ARR.” In the year since its… Read More

Fintech Brex Introduces Capabilities that Expand Firm’s Ability to Support US Multinational Businesses

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

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