Brex Announces General Availability of Empower
October 2022
SAN FRANCISCO, October 19, 2022 /PRNewswire/ – Brex announced today that Brex Empower is now generally available. The integrated card and spend management solution helps drive 100% compliance and zero receipt chasing in over 100 countries.
Since the initial pilot launch, Brex Empower has seen steady growth month over month. Empower alone has crossed $3 billion annualized in processing volume in less than three months of the platform going live. The company now has tens of thousands of new users from a wide range of growing companies, including DoorDash, Coinbase, Superhuman, SeatGeek, Built Technologies, Scale AI, and Medicinal Genomics.
“We're thrilled with how Empower has been received by companies across multiple stages and industries,” said Henrique Dubugras, co-founder and co-CEO of Brex. “DoorDash was among our first customers, and we've been onboarding and learning with them, steadily enhancing product functionality. We are also excited to share that Coinbase has signed on to Empower and is rolling out to hundreds of employees around the world.”
Brex has continued to expand Empower, launching hundreds of new capabilities since the platform went live, enabling companies to manage global spend, all in one place.
Recent Empower updates for employees, controllers, and managers include:
- Consumer-grade experiences: Empower makes it easy for teams to remain compliant and spend within policy and on budget. Accounting teams can allocate spend to departments, teams, or individuals. Employees can spend on one secure card, with flexible limits. They don’t need to chase receipts since many are generated automatically.
- Modern mobile application: Brex integrates seamlessly with Apple Pay, Google Pay, and WhatsApp. Employees can easily track spend, review transactions, and collect receipts on the go with the Brex mobile app.
- Global coverage: With over 20% of users located outside of the US, Empower enables companies to actively manage global spend and reimbursements in local currencies no matter where employees live or work. Brex customers have access to 24/7 customer support around the world via phone and chat.
- Automation with new integrations and APIs: Brex’s best-of-breed integrations with ERP and HRIS systems, including NetSuite, QuickBooks, and Rippling, enable custom automations that offer significant time savings for finance teams. The new budgets API makes it even easier to allocate funds, while gaining real-time visibility into spending activity across the entire company.
Brex is the AI-powered spend platform for modern companies, from startups to enterprises. Combining corporate cards, expense management, travel, business accounts, and bill pay, Brex makes it easy to control spend before it happens with unprecedented efficiency and accuracy. Our mission is to empower employees anywhere to make better financial decisions, so we designed our platform to make expenses almost effortless with unrivaled automation of manual expense work and real-time tracking. Brex supports more countries and currencies than any other spend solution. Brex has tens of thousands of customers, including some of the most successful, high-growth companies, such as DoorDash, SeatGeek, Coinbase, ScaleAI, MasterClass, Indeed, Allbirds, and Superhuman.
Contact
press@brex.com