Brex - News, Articles & Research

Company announcement/wholesale

Brex and OpenAI team to combine spend management with artificial intelligence

Brex today announced it will be launching advanced AI-powered tools for CFOs and their teams, all built using advanced machine learning and natural language processing technology from OpenAI, an AI research and deployment company.

07 March 2023

Company announcement/startups

Brex forms partnership with Techstars

Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.

02 November 2022

News/retail

Brex cuts 11% of workforce

Corporate spend management decacorn Brex is cutting 11% of its workforce - 136 people - as it faces up to the "new macro environment".

17 October 2022

Company announcement/people

Brex names Doug Adamic as CRO

Brex, the company reimagining finance for growing businesses, today announced the appointment of Doug Adamic as its Chief Revenue Officer.

03 August 2022

News/startups

Brex ditches SME clients

Corporate spend management decacorn Brex is ditching its SME clients, notifying them that it will close their accounts in August.

17 June 2022

News/wholesale

Brex re-imagines global spend management

Corporate spend management firm Brex is taking its new all-in-one software package Bex Empower global, serving employees from US-based companies in more than 100 countries across card, spend management, and reimbursements.

12 May 2022

News/startups

Brex buys financial management platform Pry

Corporate credit card fintech Brex has taken another step towards expanding its offering for founders, paying $90 million for Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting.

20 April 2022

Company announcement/retail

Brex launches software platform

Brex, the company reimagining finance for growing businesses, today announced Brex Empower, a new software platform designed to increase the speed of businesses by enabling a culture of trust and financial discipline.

13 April 2022

Company announcement/security

1Password integrates with Brex

1Password, a leader in human-centric security and privacy, has partnered with Brex, the company reimagining finance for growing businesses, to launch an industry-first integration to simplify online transactions and provide enterprise-grade secure and frictionless online payments.

26 January 2022

Company announcement/security

Brex teams up with 1Password to secure online payments

1Password, a leader in human-centric security and privacy, has partnered with Brex, the company reimagining finance for growing businesses, to launch an industry-first integration to simplify online transactions and provide enterprise-grade secure and frictionless online payments.

25 January 2022

Company announcement/payments

Brex confirms $300 million mega-round

U.S. fintech company Brex, the company reimagining finance for growing businesses, today announced the appointment of Karandeep Anand as the company’s Chief Product Officer.

11 January 2022

News/startups

Brex hits $12.3bn valuation

Corporate credit card fintech Brex has seen its value soar to $12.3 billion after pocketing another $300 million in funding, according to TechCrunch.

25 October 2021