Brex

About Brex

Brex is a financial technology company providing corporate cards, spend management, and business banking services for startups and growing companies. Founded in 2017, Brex serves venture-backed startups and technology companies with financial products designed specifically for high-growth businesses that may not qualify for traditional corporate credit.

Brex is designed for startups and scale-ups that need corporate cards and financial services without the credit history or collateral requirements of traditional banks. Their customer base consists primarily of venture-backed technology companies, though they also serve e-commerce and life sciences businesses.

Service Offerings

Brex's core services include:

• Corporate Cards: Business credit cards with high limits based on cash balance and venture backing rather than personal credit scores.
• Expense Management: Automated expense tracking, receipt matching, and spend controls integrated with accounting systems.
• Business Banking: Cash management accounts with competitive yields and banking services for startups.
• Spend Software: Platform for managing budgets, enforcing policies, and tracking spending across teams and departments.

Brex operates as a fintech platform combining card issuing, banking services, and spend management software. Transactions automatically sync to accounting systems like QuickBooks Online, reducing manual reconciliation work.

Approach and Positioning

Brex positions itself as the financial stack for startups, offering products that traditional banks struggle to provide for early-stage companies without significant assets or revenue. They underwrite credit based on venture funding and cash position rather than traditional credit metrics, making them accessible to companies that can't get standard corporate cards.

What sets Brex apart is their startup-first underwriting model and integrated spend management. They combine financial services (cards, banking) with software (expense tracking, budgeting) in a single platform designed for companies growing fast.

Key strengths include:

• Credit underwriting based on venture backing and cash, not personal guarantees
• Integrated card, banking, and expense management in one platform
• Automated accounting integrations reducing manual bookkeeping
• Rewards and benefits tailored to startup spending patterns

How Omniga Compares to Brex

Brex is a spend management and corporate card platform, while Omniga is a finance orchestration platform—they serve different parts of the finance stack and typically work together rather than compete.

Brex focuses on enabling and tracking spending: issuing cards, managing expenses, enforcing policies, and providing banking services. Omniga focuses on finance operations: orchestrating workflows across all transaction sources (including Brex), managing review queues, and producing management reporting. In practice, Brex transaction data flows into the accounting system, and Omniga helps finance teams review, refine categorization, and incorporate that spend data into comprehensive financial analysis.

Key differences:

• Focus: Brex focuses on corporate cards, spend management, and business banking for startups; Omniga focuses on finance orchestration, bookkeeping workflows, and management reporting across all data sources
• Users: Brex serves finance teams managing corporate spend and employees using corporate cards; Omniga serves finance teams, bookkeepers, and fractional CFOs managing complete finance operations
• Integration: Brex is a transaction source feeding spend data into accounting; Omniga orchestrates across all sources (bank feeds, Brex, payroll, etc.) to manage the complete finance workflow

Many businesses use both: Brex handles their corporate cards and expense management with automated categorization, while Omniga helps their finance team orchestrate workflows, review transactions from all sources including Brex, and produce comprehensive management reporting.