Brex

The AI-powered spend platform

Freemium

About Brex

Brex is the go-to financial platform for venture-backed startups and tech companies, offering corporate cards with 10-20x higher limits than traditional banks. The key differentiator: no personal guarantee required for funded companies—underwriting is based on your company's cash balance and burn rate, not founders' credit scores. Beyond cards, Brex provides a complete spend management suite: automated expense tracking with receipt matching, bill pay with approval workflows, travel booking, and business banking with 4.92% APY on cash (as of 2025). The platform integrates deeply with accounting software (QuickBooks, NetSuite, Xero) for automatic reconciliation. Important 2023 change: Brex pivoted to focus exclusively on startups with $1M+ raised or $500K+ revenue, discontinuing service for smaller businesses. If you qualify, Brex offers the best combination of high limits, rewards (up to 8x on rideshare/travel), and spend controls. If you don't qualify, consider Mercury or Ramp as alternatives.

Key Features

Corporate cards with 10-20x higher limits than traditional banks

No personal guarantee for funded startups

AI-powered expense management with auto-receipt matching

Bill pay with approval workflows and international payments

Business banking with 4.92% APY

Real-time spend controls and budgets

Rewards program up to 8x points on travel/rideshare

Travel booking with member-only rates

Automatic accounting software sync

Pros & Cons

Pros

• No personal guarantee required (huge for founders)
• Very high credit limits based on cash balance
• Excellent rewards program for startups
• Seamless integration with accounting software
• All-in-one platform reduces tool sprawl
• Industry-leading APY on business accounts

Cons

• Now requires $1M+ funding or $500K+ revenue to qualify
• US-focused—limited international availability
• Pivoted away from SMBs in 2023
• Premium features require per-user pricing
• Approval process can take several days
• Not suitable for bootstrapped or early-stage companies

Best For

Venture-backed startups with $1M+ raised Tech companies with high burn rates needing credit Startups wanting to avoid personal guarantees Finance teams needing consolidated spend management Companies with significant travel and software spend