Brex named a Leader in the 2024-25 IDC MarketScape for worldwide embedded payment solutions

Brex is honored to be named a Leader in the IDC MarketScape: Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (doc #US51793524, December 2024). We believe this recognition solidifies our position as a trusted partner for modern financial management. With today’s payment expectations and standards constantly evolving, Brex helps simplify complexity and delivers embedded payment solutions that scale with global businesses of all sizes.

The IDC MarketScape evaluated 20 SaaS vendors that support procure-to-pay, order-to-cash, expense management, or treasury management and offer capabilities for managing the payment cycle — including payment authorization, payment processing, payment confirmation, and tracking.

The IDC MarketScape says: “Brex emphasizes security and compliance, making it a comprehensive solution for managing expenses, payments, travel, and cash flow efficiently.” The report goes on to say, “Consider Brex when you are searching for an expense management solution with deep payment and credit management functionality, whether you are a startup, SMB, midmarket, or enterprise.”

We believe this recognition underscores Brex’s commitment to helping businesses streamline their financial operations through a single, integrated platform. Whether managing payments, automating expense tasks, or optimizing cash flow, Brex combines robust capabilities with innovative technology to keep businesses operating efficiently.

“So many of today’s finance teams struggle with the fragmentation of software and services across global payments,” said Jordan Steele, IDC Research Manager for Worldwide Financial Applications Support and co-author of the Worldwide Embedded Payments Marketscape. “Brex integrates software and services seamlessly, enabling the automation of core workflows across global expenses, payments, and accounting to transform traditionally manual reconciliation into a faster, more efficient process.

About Brex embedded payments

Brex has built a secure, smart, and global financial infrastructure that powers payments and card issuing in over 50 countries and 30 currencies. We painstakingly developed our own payment rails (card, ACH, checks, wires) that seamlessly work with either a customer’s existing bank account or their Brex business account.

Today, more than 25,000 companies use Brex cards and payment solutions to power their businesses. Brex’s embedded payment solutions extend those capabilities into other software platforms — virtual cards can be seamlessly integrated into procurement, travel, and ERP platforms as well as existing workflows.

Navan, Coupa, and Sabre embed Brex virtual cards into their B2B software to unlock global payments with 100% reconciliation.

Joshua Waldron is the VP of Finance & Accounting at Scale AI, a Brex customer, and says, “BrexPay for Navan represents the highest level of achievement in global integrated payments. It brings the best of [travel and payments] together, and allows us to spend more time focused on scaling and innovating, all in the most cost-effective way.”

Bill Wardell, General Manager of Coupa Pay, a Brex partner, agrees: “Brex Embedded is a game changer for Coupa Pay customers. Brex’s robust credit process and balance sheet make onboarding faster, and customers gain greater control, compliance, and visibility over all of their business spend.”

Embedded payment solutions from Brex

With integrated solutions for expense management, corporate cards, business banking, bill pay, travel, and accounting automation, Brex helps businesses reduce manual work and streamline their financial operations. Our robust global payment capabilities and comprehensive financial software and solutions help companies at every stage accelerate accounts payable reconciliation and simplify expense reconciliation.

For B2B software vendors looking for embedded payment solutions, Brex is the ideal partner to help you:

Automate core workflows across expenses, payments, and accounting for 100% transaction reconciliation.

• Deliver a premium customer experience in days, not months, without the overhead of underwriting, onboarding, and credit risk.
• Serve global customers and create new revenue streams with embedded payments in local currencies for 50+ countries with zero FX fees.
• Enable your own customers to pay with confidence — no matter where they are.
• Partner with an innovative leader in Brex, who continues to innovate in underwriting, issuing, and workflow automation.

Interested in embedding Brex cards into your software? Contact Brex today to learn more about how you can unlock new revenue streams with Brex embedded payment solutions.