Powering the next generation of startups with modern banking.

Who you bank with matters more than ever.

It’s a jungle out there for startups trying to raise money, and founders are fighting hard for every dollar they raise. So why isn’t your bank doing all it can to help you protect and optimize that cash?

Today’s startups need quick access to flexible bank accounts, high credit limits, 24/7 global service, and faster payment services from a provider they can trust. Instead, founders are met with lengthy account opening processes, limited support, and slow transfers from legacy banking providers.

Choosing the right financial partner is one of the most important decisions a founder can make. Any bank can offer a checking account with minimal yield and basic payment services. The right financial partner, however, understands how critical cash is to a startup and actively helps you protect and grow that cash — and your business.

According to CB Insights, nearly 40% of startups fail because they run out of cash. For the ones that do gain traction, it takes about four years to become profitable. With cash being one of the most important factors for startup success, reliable cash management services are vital.

That’s why we built a modern operating account with everything startups need to instantly open a bank account, protect more of their cash, earn industry-leading yield, and extend their runway. And with our Stripe Atlas partnership, founders can apply for these benefits the moment they incorporate, even before the IRS issues an Employer Identification Number (EIN).

Introducing the new Brex business account.

We are proud to introduce the next iteration of the Brex business account, which includes a full-featured checking account provided through Column N.A., Member FDIC, as well as expanded Treasury and Vault services.

The idea is simple: The capital you raised is hard-fought, and we want to ensure you get the most out of it.

Here’s why a Brex business account will set you up for success from Day 1, beginning with a powerful banking experience tailored to startups.

Startup banking built by founders, for founders.

The opportunity to start something new has never been greater. AI is speeding up every aspect of startup development, new and established startup ecosystems are thriving across the U.S., and available tech talent abounds.

Accessible banking services play a critical role in helping founders open accounts, pay bills, and start building. But today’s founders have fewer options. The collapses of Silicon Valley Bank (SVB) and First Republic Bank have diminished trust in banking institutions, and there’s currently heightened regulatory scrutiny for fintechs serving startups with international ties.

Today’s global founders are looking for trusted financial partners who can provide instant access, enhanced security and stability, and cash optimization, especially as funding continues to slow.

Our own founders, Pedro Franceschi and Henrique Dubugras, started Brex after moving from Brazil to the Bay Area and seeing firsthand the uphill financial battle founders face. Traditional banking is too slow, and even "founder-friendly" neobanks still charge hidden fees and lack global support.

Our founders set out to build better financial solutions for startups. One of those, the Brex business account, launched in October 2019 and enabled founders to open operating accounts and manage finances from anywhere without ever stepping foot in a bank branch.

However, when SVB collapsed in early 2023, it was clear that Brex — and our business account — could help founders in new ways. During the height of the collapse, we:

The feedback from startups was overwhelmingly positive, and we ultimately felt a clear call to action to be the comprehensive banking and financial partner for startups, from inception to IPO.