Brex

It’s Fall Release szn! ?? And we’re bringing you a new Impact Dashboard that shows you detailed metrics on how using Brex helps you make every dollar count—across spend controls, time savings, and earnings. We also added a smarter search experience, new local-currency bill pay, and more! So grab a pumpkin spice latte ? and browse it all here: https://bit.ly/3ZG3DRn

This week's Brex Startup Community Newsletter is here—check out our upcoming events, our startup of the week and VC spotlight, and more! ??

This is the embedded finance play I didn't expect. Brex cards Embedded in Navan Travel experience. Interesting! Here's why ?? Brex and Navan have partnered to embed Brex virtual cards in the Navan user experience. The Brex cards can support local currency in 50+ countries, saving on FX fees. The combined solution also creates a single hub for reconciliation. ?? This takes embedded finance to a place I didn't expect it. I don't know why, but I just didn't imagine embedding the expense card into the travel portal. But creating a virtual card for every trip makes so much sense the more you think about it. ?? The reality is that most growth companies have Navan PLUS an expenses card. Whether they're using Ramp, Brex, Mercury, or something else, they're probably also using Navan. Where a legacy enterprise would use Amex Travel + SAP Concur + a corporate card, modern ones could now use Navan + Brex. ?? This competes directly with Ramp and Ramp travel. Ramp is the darling of Fintech, one of the fastest-growing companies in the world. However, if they have an Achilles heel, they can't serve global enterprises as well as Brex. Navan + Brex is a slick solution for that client profile. ?? The age of Fintech on Fintech partnerships is upon us. Navan's pivot to "bring your own card" saw them do a partnership with Citi, but the depth of integration with Brex is something special. ?? Bonus for the embedded finance nerds. Brex's T+C's now note that Fifth Third Bank provides the Brex card and that it "also" provides cards with Sutton. Newline by Fifth Third is the quiet winner in the sponsor bank chaos of the last 12 months. Shout out to those guys. In fact, their T+Cs read like recent beneficiaries of the chaos. Column + Fifth Third.

??? We were honored to have Jack McCullough, President of the The CFO Leadership Council, join the latest episode of our Controllers Classified podcast to discuss the evolving role of the CFO and the rise of the CAO role. Hear the insights: https://bit.ly/3Y0dcI4

Brex +?Navan?= #BrexPay for Navan??? Check out our latest blog, where our CEO?Pedro Franceschi?and Navan CEO Ariel Cohen reveal how Brex and Navan are joining forces to create one powerful partnership that offers enterprise customers an entirely new travel payments experience. Take a look at how we've teamed up to create a game-changing, state-of-the-art solution for enterprise corporate travel and payments! ?? https://bit.ly/3Y4Sbfz

ICYMI: #BrexPay for Navan is live! ?? ?? Be sure to tune into CNBC at 1:40pm PT/4:40pm ET today to see our CEO Pedro Franceschi and Navan CEO Ariel Cohen discuss our new partnership live. https://cnb.cx/4dQelb4

Today, I’m excited to announce BrexPay for Navan, the state-of-the-art solution for enterprise corporate travel and payments. Brex and Navan are joining forces to create one powerful partnership that offers enterprise customers an entirely new travel payments experience. This partnership may seem unlikely to some, but to us - it just makes sense. Over the past several years, Brex has built our own financial infrastructure directly into Mastercard (we’re the only fintech in the US that doesn’t use a processing intermediary), while Navan has been doing the same for travel, reimagining travel management from the ground up. By deeply connecting our infrastructures, we’re unlocking a new gold standard in enterprise travel for our customers. Customers can now leverage Brex and Navan for 100% automated travel payment reconciliation out of the box. Customers can also use local currency Brex cards for all their global subsidiaries within Navan, saving countless hours in onboarding and underwriting, while avoiding FX markups in all their spend – all globally in 50 countries. And this is just the beginning. With our joint infrastructure, we are tackling some of the hardest challenges in global travel that haven’t been solved before. To learn more, read my and Ariel Cohen's?article here ?

?? Introducing the collab that enterprises have been waiting for: BrexPay for Navan! The world’s smartest corporate card from Brex plus best-in-class travel management from Navan—in one seamless solution built for the enterprise. Manage travel at scale, issue cards globally, and close your books faster with 100% reconciliation. Only with BrexPay for Navan. ?? Learn more here: https://bit.ly/4dM3UFx #BrexPay #Brex #Navan

Had a blast cohosting this dinner with Ilias B. and Brex. Amazing food, phenomenal company, and immaculate vibes. ?? Highly recommend any startup switch over ASAP if you haven't, if it isn't apparent, Brex >>>

Nobody throws a Tech Week party like Brex X EMPIRE Records ???? EMPIRE are at the forefront of music and technology - I love partnering with customers. Huge shoutout to Jonathan Chang & Anshul Shah for making this happen - truly fantastic work!