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Brex provides financial technology services for startups, small to medium-sized businesses, and larger enterprises. Its core products include corporate credit cards with high limits and no personal guarantees, cash management accounts, and expense management tools. These tools are designed to be easy to use and integrate with other business software, helping companies manage spending, track expenses, and optimize cash flow. Unlike traditional banks, Brex uses a tech-driven approach and earns revenue mainly from interchange fees and interest on cash accounts. The company differentiates itself by targeting startups and growing firms with scalable credit, streamlined interfaces, and seamless integrations. Its goal is to simplify business finances and help companies manage money more efficiently.
Industries
Enterprise Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$6.9B
Headquarters
San Francisco, California
Founded
2017
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Total Funding
$6.9B
Above
Industry Average
Funded Over
12 Rounds
Self-care. Health, dental, and vision; One Medical; Spring Health mental wellbeing; Calm membership.
Money. Competitive compensation with a biannual merit cycle, equity, 401(k) plan, and more.
Rest. Unlimited PTO if full-time, paid holidays, company weeks off, and parental leave.
Freedom. Remote-first, team and company offsites, monthly stipend, and one-time office setup budget.
Fintua and Brex announce partnership to simplify global VAT recovery. Posted on April 30, 2026 · 5 min to read Kilkenny, Ireland - 30 April 2026 Fintua, a global leader in VAT compliance and reclaim technology is pleased to announce a new partnership with Brex, the intelligent finance platform designed to empower fast-growing companies. Through this partnership, Brex will integrate Fintua Recover to provide customers with a seamless, automated solution for reclaiming VAT on global business spending. Brex customers often incur significant VAT on travel, software, events and cross-border spend, yet much of this reclaimable tax goes unclaimed due to complex processes and fragmented documentation. By leveraging Fintua Recover, Brex will enable its customers to identify, submit and maximise VAT refunds effortlessly, turning what was once a manual and time-consuming process into an automated, high-value financial benefit. Driving efficiency & unlocking refunds through automation. Recover provides an end-to-end VAT reclaim workflow, including automated invoice extraction, real-time eligibility checks, documentation validation, claim generation and submission across multiple jurisdictions. By integrating Fintua's technology, Brex customers can now reclaim VAT with significantly less manual work, improved accuracy and full visibility into refund potential. Accelerating customer value through seamless integration. Brex selected Fintua due to Recover's automation capabilities, ease of use, global coverage and proven reclaim success rates. The partnership allows Brex to enhance its value proposition by adding a financial benefit that directly improves its customers' bottom line. Strengthening both companies through collaboration. The partnership delivers meaningful value for Fintua by integrating Recover with Brex's global spend platform, extending its reach to thousands of fast-growing companies. Access to enriched, structured spend and receipt data within Brex improves VAT identification, boosts reclaim accuracy, and speeds up turnaround times. Catherine Quirke, CEO at Fintua says: "We are delighted to partner with Brex to bring our Recovey solution directly into their financial operations ecosystem. Recover is designed to give businesses a seamless, automated VAT reclaim experience helping them unlock meaningful financial returns with minimal effort. This partnership not only allows Brex customers to simplify and scale their reclaim processes, but also enables Fintua to leverage Brex's enriched spend and receipt data data to deliver even faster, more accurate reclaim outcomes. We're excited to bring Recover to a broader global audience and to continue innovating with a forward-thinking partner like Brex." A Brex representative stated: "Brex is committed to helping its customers get more from every dollar they spend, and partnering with Fintua strengthens that promise. By integrating Recover, Fintua Limited is giving customers access to automated VAT reclaim that reduces manual work, improves accuracy, and increases eligible refunds all within the Brex experience. At the same time, Fintua Limited is thrilled to support Fintua by providing high-quality spend data and a strong customer base that will benefit from reclaim automation at scale. Together, Fintua Limited is delivering a more efficient, modern, and data-driven approach to managing international spend." About Fintua Fintua is a global leader in VAT compliance and reclaim technology, providing automated solutions that simplify cross-border tax processes for enterprises worldwide. Through advanced data extraction, automation, and tax intelligence, Fintua enables businesses to reduce workload, enhance accuracy, and maximise VAT refund value. About Brex Brex is the intelligent finance platform, combining global corporate cards and banking with intuitive software for expense management, bill pay, and travel. Brex uses AI-native automation and agents to help tens of thousands of companies, from startups to enterprises, control spend before it happens, eliminate finance busywork, and accelerate operations globally.
Capital One launches standalone travel app, brings tech in-house. Capital One has launched a standalone mobile application for its travel platform, allowing cardholders to book travel, redeem rewards and track trips in real time, including airport lounge capacity and waitlist updates. The app provides a travel-specific mobile channel separate from the company's core banking functionality. The existing web version of Capital One Travel will continue to be available. The service was originally developed in partnership with Hopper Technology Solutions (formerly Hopper Cloud). Capital One was a key investor in Hopper's B2B initiative, launched in 2021, as well as its first client. With the launch of the mobile app, that relationship is set to enter a new phase. "We now are evolving our relationship with Hopper by bringing in-house the technology, talent and key capabilities we've built together over the last four years," Capital One said in a statement to PhocusWire. "These capabilities include licenses, servicing contracts and supplier relationships." Moving the technology in-house will enable "deeper personalization, tighter integration across planning and in-transit moments and a more seamless end-to-end travel experience," Capital One said. The company does not have plans to acquire Hopper and continues to be an investor. In the Capital One Travel mobile app, eligible cardholders can book flights, hotels, rental cars, vacation rentals and activities and redeem rewards during checkout. A journey-aware interface adapts as the trip progresses. Once a trip begins, the app surfaces real-time travel information, including flight alerts, gate changes and nearby airport amenities. In the case of delays or disruption, users can access self-service tools or tap to call for assistance. The app also shows real-time capacity and estimated wait times at Capital One lounges, allowing eligible travelers to join digital waitlists. Capital One Travel is part of a broader push by financial services companies to build travel platforms tied to rewards credit cards and loyalty programs. Capital One has made several investments and acquisitions in recent years as it built out its travel business, most recently fintech platform Brex. The company has said previously it plans to integrate Brex's spend management platform into Capital One Travel to help grow business travel revenue.
Consero partners with Brex for ai-native corporate cards + expense management. Consero Global is pleased to announce its strategic partnership with Brex, the intelligent finance platform, to deliver advanced AI-driven expense management and faster financial operations for Consero clients. The collaboration marks the latest addition to Consero's Fusion Lab, the company's dedicated innovation hub for designing, implementing, and optimizing AI-native financial systems. Through this partnership, Consero will incorporate Brex's corporate card and integrated expense management capabilities into its delivery model, enabling clients to streamline purchasing, automate expense workflows, improve real-time visibility into company spend, and increase capital efficiency. "The best decisions happen when the numbers are current. This partnership is a key milestone in our mission to deliver truly immediate insights and control," said David Sawatzky, CEO of Consero Global. "Brex is redefining how modern companies manage spend, and we are thrilled to bring that innovation into our platform so clients can operate with more confidence, clarity, and agility." The Consero-Brex partnership addresses the friction of legacy expense reporting, providing a single-point solution for: * Real-Time Visibility: Instant insights into company-wide spend, enabling more accurate cash flow forecasting. * AI-Driven Efficiency: Automated expense categorization and reconciliation that reduce manual work and accelerate close timelines. * Global Scalability: Seamless support for travel and multi-entity spending requirements. * Enhanced Control: Custom spend limits and automated policy enforcement to ensure compliance across the organization. "We are proud to partner with Consero, whose exceptional delivery ensures our platform will translate into immediate, tangible value for their clients," said Jason Mok, VP and GM of Brex. "Integrating Brex's intelligent finance tools with Consero's managed services combines our technology with expert oversight to move even faster, freeing finance leaders to focus on strategic growth. Intelligent people meeting Intelligent Finance are an unstoppable duo." About Brex. Brex is the intelligent finance platform, combining the world's smartest corporate card with integrated expense management, banking, bill pay, and travel. Brex helps 1 in 3 startups and 300+ public companies, spend smarter and move faster. Trusted by innovators who don't settle. Get finance that works by next quarter. Speed matters. That's why its team gets to know your business quickly. Configures what you need. And deploys everything in roughly 90 days.
MCLEAN, Va. & SAN FRANCISCO --(BUSINESS WIRE)--Jan. 22, 2026-- Capital One Financial Corporation (NYSE: COF) today announced that it has entered into a definitive agreement to acquire Brex , in a combination of stock and cash transaction valued at $5.15 billion .
Capital One has agreed to acquire startup Brex for $5.15 billion, the credit card lender announced Thursday. The deal will be split evenly between cash and stock, with each comprising 50% of the purchase price. Brex, co-founded by Pedro Franceschi and Henrique Dubugras, provides financial services to startups and businesses. The acquisition marks Capital One's latest move to expand its presence in the corporate credit card and financial services sector. Further details about the transaction were not immediately available.
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Industries
Enterprise Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$6.9B
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today