News and Press
Apr 26 2021
Brex Announces Series D Investment RoundSAN FRANCISCO, CA - April 26, 2021 - Brex, the company reimagining financial systems so growing businesses can realize their full potential, today announced that it has raised a $425 million Series D investment round led by Tiger Global. The round…
Apr 26 2021
Brex Unveils All-In-One Financial Solution For BusinessesSAN FRANCISCO, CA - April 26, 2021 - Brex, the company reimagining financial systems so growing businesses can realize their full potential, today unveiled an all-in-one-finance solution that brings credit cards, business cash accounts, and new spend…
Apr 05 2021
Brex Inc. Closes $185 Million Inaugural Securitization IssuanceSan Francisco, CA - April 5, 2021 - Brex, the company reimagining financial systems so growing businesses can realize their full potential, today announced that it has completed the debut securitization transaction out of its newly-established Brex…
Feb 19 2021
Brex Files Application for Industrial Bank Charter with the FDIC and the Utah Department of Financial InstitutionsSAN FRANCISCO, CA - February 19, 2021 - Brex, the company reimagining financial systems so growing businesses can realize their full potential, announced today that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC…
Oct 27 2020
Brex Upgrades Ecommerce Offerings With Introduction of Instant Payouts and Tailored RewardsSAN FRANCISCO--Brex today introduced new features tailored to solving the cash flow pain points of growing ecommerce businesses. The launch of instant payouts and ecommerce-specific rewards alleviate growth barriers faced by ecommerce companies, and…
Oct 14 2020
Brex Taps Former Spotify Marketing Executive June Sauvaget as CMOSAN FRANCISCO--Brex announced it has hired June Sauvaget as Chief Marketing Officer as it prepares to expand to a broader customer base beyond startups. Sauvaget, who hails most recently from Spotify, will leverage her deep experience developing…
Jul 22 2020
Brex bolsters Cash offering with FDIC Insurance, adds Chief Legal OfficerBrex the company reimagining financial systems for growing businesses, today announced enhanced features and FDIC insurance on its zero-fee cash management account, Brex Cash. These emerge after many months of regulatory and technological investment…
May 31 2020
Brex adapts rewards, adds SBA loan support to help customers during COVID-19 crisisSAN FRANCISCO - Brex, the financial technology company that helps growing companies realize their full potential, today announced a new rewards program that is available for its Brex for Startups corporate credit card customers on its Brex Exclusive…
Nov 05 2019
Bank of the West and Fintech Brex Offer Corporate Card to Emerging Growth Companies and Small MultinationalsFirst co-branded corporate card by Brex will include innovative payment offerings and rewards to help businesses scale quickly SAN FRANCISCO, CA November 05, 2019 Bank of the West, a subsidiary of BNP Paribas, and Brex, the corporate card that…
Oct 02 2019
Brex Announces Brex Cash: A Business Bank Account ReplacementAccount earns industry leading 1.6% or more yield, charges no fees on ACH or wire payments, and seamlessly integrates with the Brex Credit Card, with rewards on all Card and Cash payments SAN FRANCISCO, CA October 02, 2019 - Brex, the financial…
Sep 24 2019
Brex Bolsters Rewards Program With Points Transfer to JetBlue’s TrueBlue ProgramBrex Corporate Credit Card Rewards Partners with Major U.S. Airline SAN FRANCISCO, CA September 24, 2019 - Brex, the financial technology that helps ambitious companies scale, today announced a points transfer partnership for its Brex Rewards program…
Sep 18 2019
Brex’s Corporate Card for NetSuite Achieves ‘Built for NetSuite’ StatusNew Brex SuiteApp Meets the NetSuite SuiteCloud Platform Development Standards and Documented Best Practices SAN FRANCISCO, CA September 18, 2019 - Brex, the corporate credit card that accelerates entrepreneurs and scaling businesses, announced today…
Jul 30 2019
Brex Enhances Rewards Program with Miles Transfer for Six Major Travel Loyalty ProgramsBrex Corporate Credit Card Partners with Ascenda to Increase the Value of Rewards Offering SAN FRANCISCO, CA July 30, 2019 - Brex, the corporate credit card that accelerates entrepreneurs and scaling businesses, announced today a partnership with…
Jun 18 2019
Brex Launches First Corporate Card For Life SciencesNew Financing Accelerates Company’s Expansion into New Customer Segments SAN FRANCISCO, CA - June 11, 2019 - Brex, the corporate card that accelerates entrepreneurs and scaling businesses, today unveiled a new corporate card specifically tailored for…
Jun 11 2019
Brex Closes $100 Million Investment Led By Kleiner Perkins Digital Growth FundNew Financing Accelerates Company’s Expansion into New Customer Segments SAN FRANCISCO, CA - June 11, 2019 - Brex, the credit card built for scaling business, today announced it closed a $100 million investment round led by Kleiner Perkins Digital…
Jun 06 2019
Brex Launches Accounting Portal to Connect Businesses with AccountantsBrex Cardholders Now Get Approved, Seamless Integrations with QuickBooks, Expensify and Xero SAN FRANCISCO, CA - June 6, 2019 - Brex, the smartest corporate card in the room, today launched its accounting partner program, including a portal to help…
Apr 19 2019
Brex Named One of San Francisco Business Times’ Best Places to Work Bay AreaSAN FRANCISCO, CA - April 19, 2019 - Brex, he first corporate card for startups and ecommerce businesses, today announced it has been recognized as one of San Francisco Business Times and Silicon Valley Business Journal’s “2019 Best Places to Work…
Apr 16 2019
Brex and Barclays Investment Bank Sign $100M Debt Capital RaiseFunding Will Fuel Brex’s Continued Expansion in B2B Financial Services SAN FRANCISCO, CA - April 16, 2019 - Brex, the first corporate card for startups, and Barclays Investment Bank, today announced a $100 million debt capital raise to help power the…
Mar 25 2019
Brex Acquires ElphFirst Corporate Card for Startups Acquires Digital Payments Startup to Enhance Company’s Rapid Product Development SAN FRANCISCO, CA March 25, 2019 - Brex, the first corporate card for startups, today announced the acquisition of Elph, a San…
Feb 26 2019
Brex Launches First Corporate Card For EcommerceFirst Corporate Card for Startups Launches New Credit Card for Online Brands and Retailers SAN FRANCISCO, CA February 26, 2019 - Brex, the first corporate card for startups, today unveiled a first-of-its kind credit card specially designed to help…
Feb 21 2019
Brex Hires Elenitsa Staykova as Head of MarketingSeasoned Marketing Executive Brings Experience in Scaling High Growth Startups SAN FRANCISCO, CA February 21, 2019 - Brex, the first corporate card for startups, today announced it has hired Elenitsa Staykova, the company’s first female executive, as…
Feb 05 2019
Brex to Issue World Elite Mastercard for BusinessCurrent Brex Cardholders Upgrade to Mastercard World Elite Program for Added Rewards and Benefits SAN FRANCISCO, CA February 5, 2019 - Brex, today announced that it will start issuing World Elite Mastercard for Business with an enhanced rewards…
Jan 10 2019
Cosmin Nicolaescu Joins Brex as VP of EngineeringFirst Corporate Card for Startups Hires Former Head of Global Engineering from Stripe to Enhance Company’s Rapid Growth SAN FRANCISCO, CA January 10, 2019 -Brex, the first corporate card for startups, today announced the addition of Cosmin Nicolaescu…
Dec 13 2018
Brex Launches First Corporate Travel Rewards Program for Startups with TravelBankBrex Rewards Gives Startups Access to Travel Benefits Previously Reserved For Large Businesses SAN FRANCISCO, CA December 13, 2018 - Brex, the first corporate card for startups, announced today the launch of Brex Travel as part of its market-leading…
Oct 30 2018
Brex Launches Rewards ProgramBrex Corporate Card Now Offers the Highest Value Rewards for Early Stage Technology Companies SAN FRANCISCO, CA October 30, 2018 - Brex, the first corporate card for startups, announced today the launch of its rewards program. The same way Brex…
Oct 05 2018
Brex Closes $125 Million Series C with Investment from Greenoaks, DST Global and IVPFirst Corporate Card for Startups Raises Additional Funds to Enhance Features, Fuel Growth SAN FRANCISCO, CA - October 5, 2018 - Brex, the first corporate card for startups, announced today the close of a $125 million Series C funding round led by…
Jun 19 2018
Brex Launches the First Corporate Card for StartupsCompany Also Announces $57 Million in Funding from Y Combinator Continuity, Paypal Founders Thiel and Levchin, Yuri Milner, Ribbit Capital, former Visa CEO SAN FRANCISCO, CA June 19, 2018 - Fintech startup Brex today unveiled a first-of-its-kind…