Brex

Brex

Verified
A fintech company that offers credit cards and cash management solutions for their customers to save and spend money. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD20222023
Revenues211m279m
% growth-32 %
  • Edit

Recent News about Brex

Edit
More about Brexinfo icon
Edit

Brex is a financial technology company that offers a range of financial services tailored primarily for startups, small to medium-sized businesses, and larger enterprises. The company operates in the financial services market, focusing on providing innovative solutions to help businesses manage their finances more efficiently.

Brex's core offerings include corporate credit cards, cash management accounts, and expense management tools. Unlike traditional banks, Brex offers a more streamlined and tech-savvy approach to business finance. Their corporate credit cards come with higher credit limits and no personal guarantees, making them particularly attractive to startups and growing companies that may not have an extensive credit history.

The company serves a diverse clientele, including technology startups, e-commerce businesses, and professional services firms. Brex's business model revolves around providing these clients with financial products that are easy to use and integrate seamlessly with other business tools. This integration helps businesses manage their expenses, track spending, and optimize cash flow more effectively.

Brex makes money primarily through interchange fees, which are small fees paid by merchants whenever a Brex card is used for a transaction. Additionally, the company may earn revenue from interest on cash management accounts and other financial services they offer.

In summary, Brex is revolutionizing the way businesses handle their finances by offering modern, tech-driven financial solutions. Their focus on startups and growing companies sets them apart in the competitive financial services market.

Keywords: fintech, corporate credit cards, cash management, expense management, startups, small businesses, financial services, tech-driven, high credit limits, seamless integration.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Brex

Edit
Skupos
ACQUISITION by PDI Technologies Aug 2023
Elph
ACQUISITION by Brex Mar 2019
Neji
ACQUISITION by Brex Mar 2020
Landria
ACQUISITION by Brex Mar 2020
Compose Labs
ACQUISITION by Brex Mar 2020
Pry Financials
ACQUISITION by Brex Apr 2022
Weav Inc.
ACQUISITION by Brex Aug 2021
View 4 more