Quanta integrates with fintech platforms such as Brex, Mercury, and Stripe, pulling data directly from these systems to automate bookkeeping.

SAN FRANCISCO, Feb. 24, 2025 /PRNewswire/ -- Brex, the modern spend platform for growing businesses from startups to enterprises, today announced its enterprise business grew revenue 80%, while net revenue retention was nearly 140% YoY. This past year, Brex's overall revenue growth grew threefold with net revenue retention up 15 points.Brex now serves over 150 public companies and global industry leaders such as Anthropic, Arm (NASDAQ: ARM), Robinhood (NASDAQ: HOOD), ServiceTitan (NASDAQ: TTAN), Sonos (NASDAQ: SONO) and Wiz. In total, Brex's enterprise customers have an estimated market cap of more than $2.9T. The continued addition of blue-chip customers underscores the rapid growth in Brex's enterprise business over the past year, following triple-digit growth the year prior.As enterprise CFOs and finance leaders navigate an evolving business and economic landscape – facing inflation, potential tariffs, rising costs of capital and more – they've had to adapt how they manage spend and the platforms they use. Main priorities now include vendor consolidation, seamless global operations, accounting automation, and more granular spend controls

If running a startup is like playing a video game, then “game over” happens when the company runs out of cash. Founders often focus on battling the big, visible monsters like the competition beast, the market-size dragon, or the marketing ghoul.But too often, they miss the silent killer: financial mismanagement. According to recent studies, 16% of startups fail due to cash flow problems and other financial management issues.So, how can a founder bring order to the chaos of spending and scaling? One way, I argue, is by leveraging the financial services that fintech platforms offer.Where traditional banks fall shortFor some startup founders, traditional banks can be rigid and don’t always fulfill their needs. Critics cite lengthy onboarding processes, clunky user interfaces, and manual workflows as downsides.I believe for startups, this is more than just frustrating – it’s a growth killer. Instead of focusing on scaling their business, founders are stuck dealing with slow processes and outdated systems.See also: Indonesia’s banks are taking over BNPL. Can fintech firms survive?Fintech platforms like Aspire, Airwallex, and Brex, which provide financial tools for startups, could be one solution