Brex

The #1 spend platform for strategic finance teams.

4.6•34 reviews•

158 followers

The #1 spend platform for strategic finance teams.

4.6•34 reviews•

158 followers

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Budgeting apps

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Online banking

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Startup financial planning

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Treasury management platforms

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.

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Brex Launches

Brex EmpowerA new software platform for spend management.

Launched on April 13th, 2022

The Brex APIAutomate almost everything

Launched on October 27th, 2021

Brex CashReplace your bank account with Brex Cash.

Launched on October 3rd, 2019

Brex integration with Oracle NetSuiteThe first corporate card to integrate directly with NetSuite

Launched on September 18th, 2019

Brex for Life SciencesThe corporate card for life sciences

Launched on June 18th, 2019

View all Brex launches

Forum Threads

p/brex

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2mo ago

Capital One acquires Brex for $5.15B

From the announcement:

Today, Brex and Capital One are announcing the largest bank-fintech deal in history for $5.15B, joining forces to build the most important financial platform for businesses in the US.

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To give you a sense of the scale of what we ll build together, Capital One today operates orders of magnitude ahead of Brex on almost any metric: $900B in annual card GMV, $700B in assets, $150B in market cap, a $6B marketing budget, and a $6B R&D budget. By combining Brex s technology, product, and go-to-market success with Capital One s unprecedented scale, brand, distribution, and balance sheet, we will supercharge our go-to-market and product development with levels of investment that will accelerate our mission by over a decade.

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4.6

Based on 34 reviews

Review Brex?

Reviewers mostly see Brex as a useful finance hub for managing company spend: they praise fast setup, easy-to-use controls, virtual cards, integrations, decent credit limits, and a cleaner workflow than juggling cards, spreadsheets, and email. Some also like cash management, bill pay, rewards, and the founder community. But the sharpest complaints are serious: several users say accounts were closed with little warning or explanation, forcing painful banking switches. Others mention buggy reimbursements or bill pay, weaker reporting, mobile app friction, and virtual card setup becoming less startup-friendly.

+31

Summarized with AI

Pros

corporate card management (8)

expense tracking (4)

community events (3)

rewards program (3)

credit limits (2)

customer service (2)

fast onboarding (2)

Pros

Cons

Reviews

All Reviews

Most Informative

•7 reviews

"Brex – Great for Growth, But Startups Might Struggle Now" I’ve been with Brex for a few years now, and it’s been an overall solid experience. They’re great if you’re looking to streamline expenses and keep things organized, and it’s clear they’ve built a system for scaling businesses. What Brex Does Well: - Expense Management & Tracking: Brex makes it easy to manage expenses with virtual cards and spend controls. It’s a huge plus if you’re handling various departments and want to set limits or monitor specific costs. Really shines for keeping everything organized. - Perks & Integrations: They offer some decent perks, and the integrations make syncing with accounting tools smooth. It definitely helps simplify things when you’re handling a lot of transactions. The Not-So-Good: - Virtual Card Creation Is Now a Hassle: This used to be one of Brex’s standout features. Creating virtual cards was quick and simple, and it helped us separate specific costs (like Facebook ad spends) without a lot of manual effort. But recently, it’s become harder to create new virtual cards... not ideal when you’re managing multiple accounts. - Onboarding Isn’t as Startup-Friendly Anymore: We recently raised funds for a new startup, but getting that new account set up on Brex was surprisingly complicated. It used to be a straightforward process, but now it feels more geared toward larger companies. For startups looking to hit the ground running, the onboarding process can feel like a barrier instead of an asset. FINAL TAKE Brex is still a powerful tool for growing companies, especially if you’ve got a lot of expenses to manage and need structure around spending. But... for startups and those who loved the old flexibility with virtual cards, it might not feel as accessible as it once did. Faster, simpler processes would go a long way in keeping Brex startup-friendly.

What's great

expense tracking (4)integrations with accounting tools (1)

What needs improvement

startup onboarding (1)virtual card creation (1)

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44 views1yr ago

•8 reviews

definitely better than alternatives, and hosts quite a few features that beat using a manual system of bank cards + spreadsheets + emails etc., but doesn't mesh together perfectly. some features like bill pay & reimbursements have been flimsy and buggy from our experiences, and the constant changes of vendor cards -> budgets -> spend limits + cards means we have to adjust our internals every couple months to match. fine for a smaller company but i can imagine it getting annoying at scale. great product still!

What's great

expense tracking (4)corporate card management (8)

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38 views1yr ago

•1 review

Closed our active business account without warning. We've been in business 15 years, we employee 30+ people, we have never had a negative payment, we always have cash in our account, we use it almost daily. No explanation just 'withdraw your funds and leave' We do website development for huge companies and have no strange activity that would contribute to this, and the decision is final. We have a few months to uproot everything and switch to a new account, update all our ACH info etc, connected accounts, etc.

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19 views4yr ago

•7 reviews

What's great

expense tracking (4)integrations with accounting tools (1)

What needs improvement

startup onboarding (1)virtual card creation (1)

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44 views1yr ago

•8 reviews

What's great

expense tracking (4)corporate card management (8)

Report

38 views1yr ago

•1 review

Report

19 views4yr ago