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What does silicon valley misunderstand about the Brex acquisition? I get into that question (and rationale for the deal) w/ Art Levy , Chief Business Officer at Brex.

17,125 просмотров • 5 месяцев назад •via X (Twitter)

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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

61,754 просмотров • 1 год назад

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 просмотров • 5 месяцев назад