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Today we're announcing Brex for Tekion Spend, the first fully embedded corporate card and spend management solution for automotive dealer groups, built directly into Tekion. This is exactly what Brex Embedded exists to do: put the right financial infrastructure inside the leading AI platforms that matter. The 98% of...

11,434 views • 1 month ago •via X (Twitter)

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Brex vs Ramp: What happens to X's favorite rivalry now? I was not expecting this answer.. Pedro Franceschi (Pedro Franceschi), CEO of Brex . . . "So you’re doubling down on war mode?" "100%. 100% doubling down." "I think it’s so funny because there is clearly very severe competition between Brex and Ramp. I have to admit, it’s entirely entertaining on X — and it might only exist on X, by the way. I don’t know if anybody else even knows about this, but it seems to take the tech world by storm. So how is that going to play into this next chapter and this new story for Brex?" "So first, we have huge respect for them. They’ve built an incredible company. And the thing that is remarkable is, yes, both of us are the new players, and Brex and Ramp combined probably have 3% of the U.S. market. So at the end of the day, we don’t spend a lot of time thinking about them. They probably don’t spend a lot of time thinking about us, because that is not who we’re really competing with. If you go into the deals and you look — you go out on the streets with the sales teams and you see who we’re actually seeing — it’s not Ramp, it’s not Brex. It’s Amex. It’s JPMorgan. It’s the big national banks. It’s Wells Fargo. It’s Citi. It’s Bank of America. Those are the players that are actually out there. And I would say, look, because of the scale of this thing, Brex will be the third-largest corporate card in the country after closing. So the real question is: how do we put this on a trajectory to be more meaningful for customers than Amex and JPMorgan? That’s really who we’re ultimately competing with now. For us, it’s sort of graduating how we think about the competitive set, and the set of outcomes we can build. Also, the set of tools available to us is different now — having a $6 billion marketing budget and a $6 billion R&D budget. It’s just a very different level of scale, brand presence, and reach across a variety of products. And we think there’s going to be space for many winners. But for us, this was a way of jumpstarting the competition for the next five to seven years, while still being really proud of what we’ve built — and of Brex becoming the biggest platform in the country."

Molly O’Shea

21,220 views • 6 months ago

Today we’re announcing our 24’ Summer release at Brex! ☀️ AI-powered accounting with continuous close (first software ever to do so), two completely redesigned products, and a blazing-fast new UI with 100+ improvements that make Brex the most powerful *and* simple it’s ever been Six years ago, we started Brex as a corporate card designed by a tech company, not a bank. We grew quickly along with our customers, and built so many products as they scaled – like global capabilities, robust expense policies, live budgets and more. Our product depth is why 120+ public companies rely on Brex every day to run their businesses. But back in December, we decided to look inward. We realized that building so much, so quickly, sometimes came at odds with our original vision of simplicity. We made our main priority for this year to deliver not just the most powerful spend platform on the planet, but also the most simple, thoughtful and delightful user experience for founders and Finance teams. We had to completely change how we run the company to make this release happen and I’m so proud to share it with you–as it’s our largest and most polished release to date. Key highlights: 📕 A new AI-based accounting workflow that allows customers to achieve continuous close and close the books every day – the nirvana of accounting. 💳 A new Card Control Center that makes it easy to manage cards and limits at scale (whether you have 5 or 50,000 cards), as well as spend requests that replace janky PO workflows. 💵 Bill Pay with AI-based line itemization, multi-entity support, and the ability to pay bills by card, earning rewards and cashback on spend that was previously going through ACH. 🔎 Redesigned tables, with consistent and blazing-fast responsiveness on filtering, pagination, grouping, sorting, as well as LLM-based search that is 400% faster. 🚀 100+ other updates, such as AI-powered Slack integration, account co-branding, audit trails, sandbox mode, stable credit limits, a new security hub and much more.

Pedro Franceschi

147,470 views • 2 years ago

Today, I’m thrilled to unveil Brex 's 2025 Spring Release 🌱, bringing a whole new level of customization and control to every Brex user, from founders to finance teams. It’s our fourth major release since Brex 3.0, and we continue to relentlessly raise the bar for quality and polish. Here’s a preview – I can’t wait for you to try it! ➡️ New custom fields: Now the data from your business systems syncs natively with Brex, so you can use any field from your ERP or HRIS to provision cards, change your policy, or automate accounting. ➡️ New custom roles: Customize user roles to match how you operate, giving teams exactly the permissions they need to do their jobs efficiently and securely. ➡ New AI policy engine: Create one universal policy with scenario-specific rules for departments, levels, entities, countries, and more using AI. Brex will intelligently apply it to every transaction — from bill payments to cards. ➡️ New admin home: Monitor your key financial metrics, such as balances, changes in cash flow, spend insights, and rewards, in one place — and take any action you need on Brex with one click. ➡️ New invoicing: We’ve also built easy invoicing right into your Brex business account! Send invoices, track payments, and get paid even faster if your customer pays you from their own Brex business account ;) 💸 ➡️ AI-assisted vendor management: Automate TIN/W-9 collection using AI and have everything you need to file taxes when it’s time. And these are just a few of the 50+ updates in the 2025 Spring Release 🔥. Check it out! ⤵️

Pedro Franceschi

61,820 views • 1 year ago

France Minister of Transportation on Tesla's FSD in new video: "The safety trade-offs are not yet sufficient to authorize it as it currently stands. All the more so since this system is not a self-driving system; So what are our concerns? Without going into overly technical detail, there are several. First example: we've found that the system allows for speeding. Another example: according to the data we have, the system doesn't guarantee an optimal level of driver attention in urban settings and during the most complex maneuvers, such as lane changes, intersections, or roundabouts. So what are the next steps? We're currently continuing our technical discussions with the Netherlands, other European states, and Tesla to refine our analysis. Last week, a representative from the Ministry of Transport's services traveled to the Netherlands. I want to emphasize this: France supports these technologies, and their deployment must happen within a framework of trust that allows us to evaluate the systems and determine what adjustments FSD needs to guarantee a high level of safety. This autumn, I will also be bringing together the French autonomous vehicle ecosystem to present the levers that will accelerate the deployment of this technology and to set a direction for the coming years. In France, we're fortunate to have world-class automakers and automotive suppliers, as well as some of the best engineers in the world in artificial intelligence and digital technology. We have real cards to play, and we're ready to play them — but never at the expense of safety on our roads."

Sawyer Merritt

704,299 views • 15 days ago