Brex
Corporate spend management, cards, payments and travel software for businesses.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Brex LLC
- Entity type
- COMPANY
- Founded
- 2017
- Headquarters
- United States
- Company size
- 1,001–5,000
- Market role
- B2B SaaS Provider
- Official website
- brex.com
What Brex does
Brex combines software-led spend management with embedded corporate-card, payment and business-account products. Businesses adopt the platform to issue controlled cards, process expenses and invoices, manage operating cash, pay vendors and book travel. Brex creates value by centralising transaction data and policy enforcement across finance workflows; it monetises both recurring software access and financial transaction flows.
Category differentiation
Brex is a B2B financial-operations and payments platform, not a consumer bank or a standalone public card issuer. It is distinct from pure expense-management tools because it also provides corporate cards, business accounts, bill pay and managed travel.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Brex LLC is a United States-based financial technology subsidiary of Capital One, N.A. It sells an integrated B2B finance platform for corporate cards, employee expenses, accounts payable, business accounts, treasury, accounting automation and managed business travel. The platform serves finance, accounting, procurement and travel teams at startups, mid-sized businesses and global enterprises, including organisations managing multiple legal entities and currencies. Brex generates revenue through contracted software subscriptions, corporate-card interchange, payment activity, treasury yield, foreign-exchange spreads and travel trip fees. Its unified workflow links policy controls at purchase and booking with reporting, approval, payment and accounting processes, reducing manual finance operations for business customers.
Company news briefing
Briefing updated:
Brex faces intensified competitive pressure in the corporate card and spend management sector as primary rival Ramp closes a major funding round valuing the competitor at $60 billion. Furthermore, Ramp continues to expand its footprint internationally and scales its artificial intelligence spend intelligence tools, intensifying market competition for Brex.
Business model & monetisation
Brex uses a freemium and subscription model alongside embedded-finance economics. Essentials is priced at $0 per user per month; Premium is priced at $12 per user per month; Enterprise, Smart Card and enterprise configurations use contracted custom pricing. Brex also earns card interchange shared with the card network, payment-related economics, treasury yield on business-account balances, foreign-exchange spreads on certain international transfers, enterprise overages and flat per-trip fees for Premium and Enterprise travel users.
- Corporate-card interchange
- Percentage share of card interchange generated by business spending
- Spend-management software
- Per-user subscriptions and custom enterprise contracts
- Treasury and business-account economics
- Yield on business-account balances and related cash-management economics
- International payment economics
- Foreign-exchange spreads on certain international transfers
- Managed travel
- Flat trip fees for Premium and Enterprise customers
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Disney names first CTO as tech push expands
Leadership · Recorded impact score: 2/5
Walt Disney has appointed Karandeep Anand as its first-ever chief technology officer, effective October 2, 2026. Anand, previously CEO of AI chatbot company Character.AI, will report directly to new Disney CEO Josh D'Amaro. The hiring is notable because Disney sent Character.AI a cease-and-desist letter in September 2025 for alleged copyright infringement of its characters. Anand's background includes roles at Facebook and Microsoft, and his appointment signals a strategic push to integrate AI and modernize technology across Disney's operations, including potential expansion of Disney+ with a free ad-supported tier and integration of streaming, shopping, parks, and gaming. Disney is also hiring members of Character.AI's technical team.
- Disney appointed Karandeep Anand as its first-ever chief technology officer, effective Oct 2, 2026.
- Anand will report directly to Disney CEO Josh D'Amaro.
Inside Rain: Stablecoin-Based Payment Infrastructure
Infrastructure · Recorded impact score: 2/5
An interview with Farooq Malik, co-founder and CEO of Rain, discusses the company's stablecoin-based financial infrastructure, including card issuance and payments. The conversation covers early challenges, cross-border frictions, trust-building with partners, and future AI agent readiness. Additionally, Rain has filed an application with the OCC to establish Rain National Trust Bank (RNTB), a proposed national trust bank in New York. If approved, RNTB will offer fiduciary custody, reserve management, and stablecoin issuance/redemption for institutional clients, without deposits or commercial loans. Brandon Soto is the proposed President and CEO. The application is subject to OCC review.
- Farooq Malik is co-founder and CEO of Rain, a stablecoin-based financial infrastructure company.
- Rain filed an application with the OCC to establish Rain National Trust Bank (RNTB).
Explore company relationships
Questions about Brex
What is Brex?
Brex is a B2B financial platform providing corporate cards, spend management, expense automation, bill pay, business accounts and managed travel.
Who uses Brex?
Finance, accounting, accounts payable, procurement, operations and travel teams at startups, mid-sized businesses and enterprises use Brex.
How does Brex make money?
Brex earns subscription fees, corporate-card interchange, payment economics, treasury yield, FX spreads and travel trip fees.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
21 publicly documented primary sources and citations linked across the market graph.
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