Brex
7.5/10Brex is a corporate card, expense management, bill pay and business banking platform for startups, mid-sized companies and global enterprises, and is now owned by Capital One.
Data last updated November 2026 · Our methodology
Overview
Brex combines corporate charge cards, expense management, reimbursements, bill pay, travel booking and a business cash account in one platform. Approval rules, AI-assisted expense coding and policy checks run inside the same system. Brex is not an accounting system. It codes transactions and sends them to an ERP or ledger such as NetSuite, QuickBooks Online, Xero, Sage Intacct, Microsoft Dynamics 365 Business Central, Rillet or Campfire. Higher tiers add Oracle Fusion, Workday Financials and HRIS syncs such as Rippling, Workday, ADP and Gusto. Software pricing has three tiers. Essentials is free and covers up to two entities. Premium costs 12 USD per user per month and adds multiple expense policies, advanced approvals, multi-entity support, custom ERP and HRIS integrations, and live budgets. Enterprise is quoted and adds unlimited entities, local card issuance and a named account manager. A separate Smart Card procurement product is also quoted. Brex earns most of its revenue from card interchange, and card purchases that need currency conversion carry an FX markup of up to 3 percent. Card limits are underwritten on cash balance and revenue rather than a personal guarantee, so the product suits venture-funded startups without a credit history. Capital One completed its acquisition of Brex in April 2026, and founder Pedro Franceschi stayed on as CEO. The main limitation is the history of abrupt account closures and shifting eligibility. Brex left the small-business market in 2022, and reviewers still report credit limits that move with cash balances. Buyers who need full bookkeeping still need a separate ledger.
Our Rating
Who Brex is best for
Best software for StartupsGood fit
The free Essentials tier and card underwriting based on cash balance, with no personal guarantee, are aimed at venture-backed startups.
AI expense coding, ERP validation rules and journal export features are built to cut month-end close work.
Premium adds multi-entity support, custom ERP and HRIS integrations, advanced approvals and live budgets for mid-sized companies.
Card rewards multipliers on software and ads spend, plus the startup-focused underwriting, fit tech companies.
Enterprise offers unlimited global entities, local card issuance and a named account manager, and Brex has focused on enterprise customers since 2022.
Less suited
Brex exited the small-business market in 2022, and reviewers report account closures for businesses below revenue thresholds.
Pros & Cons
Pros
- The Essentials tier is free and includes cards, bill pay, reimbursements, travel booking, API access and accounting integrations.
- Card limits are underwritten on cash balance and revenue rather than a founder's personal guarantee, which helps startups without a credit history.
- Direct ERP syncs cover NetSuite, QuickBooks Online, Xero, Sage Intacct, Business Central and newer AI-native ERPs such as Rillet and Campfire, and a two-way Accounting API launched in January 2026.
- Brex holds SOC 1 Type II and SOC 2 Type II attestations, is PCI-DSS compliant and supports SAML or OIDC single sign-on.
- Brex releases updates often. The September 2026 release alone added more than 30 features, including passkeys, p-card policy rules and access to Brex data from ChatGPT, Claude and Slack.
- Pricing is published at 12 USD per user per month for Premium, and G2 reviewers rate the product highly, at about 4.8 out of 5.
Cons
- Brex has a history of abrupt account closures and eligibility changes, and it left the small-business market in 2022.
- Credit limits move with the company's cash balance, which some reviewers find unpredictable.
- Card purchases that need currency conversion carry an FX markup of up to 3 percent, built into the exchange rate.
- It is not a general ledger. Bookkeeping and financial statements still need a separate ERP or accounting system.
- Some support and setup experiences are poor, including a clunky HRIS integration setup reported on Gartner Peer Insights.
- The Capital One acquisition could slow feature shipping during integration, according to industry commentary.
Key Features
Not included
- General Ledger
Brex Pricing
Essentials
- API access
- Free travel booking
- Real-time reporting
- Local currency wires
- One local card program
- AI-powered custom rules
- Bill pay and reimbursements
- Up to two entities (one global)
- Unlimited global cards accepted in 210+ countries
- Accounting integrations (NetSuite, QuickBooks Online, Xero, Sage Intacct, Business Central and others)
Premium
- Custom roles
- Live budgets
- VAT documentation
- Everything in Essentials
- AI compliance audit detection
- Custom ERP and HRIS integrations
- Group travel and advanced travel rules
- Multiple customizable expense policies
- Dynamic review chains and advanced approvals
- Multi-entity support for US and international entities
Enterprise
- Admin center
- Everything in Premium
- Named account manager
- Unlimited US or global entities
- Customizable implementation services
- Local card issuance, collections, reimbursements and policies
Smart Card
- Custom approvals
- Merchant card controls
- Global cards accepted worldwide
- Procurement-focused card program
- Local-currency cards in 50+ countries
Frequently Asked Questions
Essentials is free. Premium costs 12 USD per user per month. Enterprise and the Smart Card procurement product are quoted by sales. Brex does not publish annual pricing on its pricing page.
Brex says it charges no transaction fees for domestic wires, international wires, ACH or checks sent from a Brex business account. Intermediary and recipient banks may still charge fees. Card transactions that need currency conversion carry an FX markup of up to 3 percent.
Essentials includes direct syncs with NetSuite, QuickBooks Online, Xero, Sage Intacct, Microsoft Dynamics 365 Business Central, Puzzle, Rillet, Campfire and Hanover Park. Higher tiers add HRIS integrations such as Rippling, Workday, ADP and Gusto, plus Oracle Fusion and Workday Financials, which may be paid add-ons. A CSV export is available at no extra cost for other ERPs.
No. Brex underwrites based on company cash balances and revenue rather than a founder's personal credit, and the card is a charge card paid in full each month.
Brex holds SOC 1 Type II and SOC 2 Type II attestations and says it is PCI-DSS compliant. It encrypts data at rest with AES-256 and in transit with TLS 1.2 or later, and it supports SSO with Okta, Microsoft and Google Workspace.
Yes. You can give a user the bookkeeper role, which lets them view and export transactions but not send money. Accounting firms can use Pro Access to be added to client accounts with roles such as bookkeeper or bill pay drafter. Custom roles are available on Premium and Enterprise.
Capital One completed its acquisition of Brex on April 7, 2026, in a cash and stock deal announced at about 5.15 billion USD. Founder Pedro Franceschi remains CEO.
Essentials supports up to two entities, Premium adds multi-entity support for US and international entities, and Enterprise allows unlimited US or global entities.
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