Brex
Corporate card and spend platform with AI expense agents
Overview
Brex is a corporate-card, banking and spend-management platform whose AI layer, Brex Assistant plus audit and review agents, writes expense memos, fetches receipts, ranks policy violations by risk and auto-approves low-risk spend. Capital One completed its acquisition of Brex on 7 April 2026; founder Pedro Franceschi continues as chief executive.
Pricing
Pricing shown for reference only. These figures reflect RECATOOLS research as of 12 Oct 2026 and may be out of date or incomplete. This is not financial or purchasing advice — always confirm the current price on the provider’s official website before making any decision.
- Global card acceptance and 1 local card programme
- AI-powered custom rules
- Up to two entities
- Bill pay, reimbursements and Brex API access
- Multiple customisable expense policies
- AI-powered compliance audit detection and insights
- Multi-entity (US and international)
- Customisable ERP and HRIS integrations
- Unlimited US or global entities
- Local card issuance, collections and reimbursements
- Named account manager
- Global cards accepted worldwide
- Local-currency cards in 50+ countries
- Merchant card controls and custom approvals
Use cases
What you can produce with Brex
- Expense memos, receipt chasing and reimbursements handled by Brex Assistant
- Possible policy violations ranked by risk by an audit agent
- Low-risk expenses auto-approved and exceptions escalated by a review agent
- Corporate cards and AI-powered custom rules for up to two entities on the $0 Essentials plan
- Multiple policies and AI compliance-audit detection on Premium at $12 per user a month
- Local cards and currencies listed for Singapore, the Philippines, Thailand and Vietnam, though not Malaysia or Indonesia
Brex is a mature corporate-card and spend platform whose AI agents now do real expense work: Brex Assistant writes memos, chases receipts and files reimbursements, an audit agent ranks policy violations by risk, and a review agent auto-approves low-risk spend. Pricing is published: Essentials at $0 per user, Premium at $12 per user per month, Enterprise by quote.
The 2026 change is ownership: Capital One completed the acquisition on 7 April, and Brex LLC is now its subsidiary. ASEAN coverage is real but uneven, with Singapore, the Philippines, Thailand and Vietnam listed and Malaysia and Indonesia not, so confirm your entities and currencies and ask what bank ownership means for the roadmap before a multi-year contract.
What we found
Capital One closed its purchase of Brex on 7 April 2026, so the company that sold itself to start-ups as the alternative to a bank is now owned by one. Capital One announced the deal in January at a headline value of $5.15 billion. Its own quarterly filing puts the consideration actually paid to Brex shareholders at about $4.5 billion, $2.6 billion in cash and $1.9 billion in shares, and says it paid off $1.1 billion of Brex debt immediately afterwards. Pedro Franceschi stays on as chief executive, and Brex's site now describes Brex LLC as a wholly owned subsidiary of Capital One, N.A.
The AI layer is where Brex is putting its effort. Brex Assistant writes expense memos, fetches receipts, answers policy questions and can file reimbursements. An audit agent ranks possible violations by risk, and a review agent approves low-risk spend and escalates the rest; you upload your expense policy and the agents enforce it. A newer rule builder, still in early access, writes rules on amount, expense type, role and merchant.
Pricing is published and easy to follow. Essentials costs $0 per user per month and covers cards, AI-powered custom rules, bill pay, reimbursements and API access for up to two entities. Premium costs $12 per user per month and adds multiple expense policies, AI compliance-audit detection, dynamic approval chains, ERP and HRIS integrations and live budgets. Enterprise and the procurement-focused Smart Card are quote-only. Earlier versions of this page put the $12 price on Essentials and limited the free plan to qualifying start-ups.
For ASEAN readers the coverage list is better than you might expect. Brex lists Singapore, the Philippines, Thailand, Vietnam and Cambodia among its Asian markets, though not Malaysia or Indonesia. Check entity, currency and card issuance for your own countries before you sign, and bear in mind that the roadmap now answers to a large US bank.
Compiled by RECATOOLS from public sources: vendor documentation and pricing, code repositories and published reporting.
Notable facts
- Brex was founded by two Brazilian college dropouts who initially built a VR company before pivoting to fintech after being frustrated by the difficulty of getting a business credit card as foreign founders.
- Brex became a US regulatory pioneer by obtaining money transmitter licences in all 50 states within its first 3 years — something that typically takes traditional banks decades.
- The company's AI detects expense fraud patterns across its entire customer base, meaning individual companies benefit from fraud signals detected across 10,000 other businesses.
Frequently asked questions
About this listing
This entry was compiled from publicly available data including Brex's official website, press releases, documentation, and reputable third-party publications. RECATOOLS is not affiliated with Brex unless explicitly stated.
Third-party AI tools update their pricing, features, availability, and policies frequently. Information here may be outdated by the time you read this — we make reasonable efforts to keep listings current, but cannot guarantee absolute accuracy.
For the latest details, please refer to Brex directly →
Spotted something out of date? Suggest an update →
Alternatives to Brex
More in Business & Finance
