"Brex – Great for Growth, But Startups Might Struggle Now"
I’ve been with Brex for a few years now, and it’s been an overall solid experience. They’re great if you’re looking to streamline expenses and keep things organized, and it’s clear they’ve built a system for scaling businesses.
What Brex Does Well:
- Expense Management & Tracking: Brex makes it easy to manage expenses with virtual cards and spend controls. It’s a huge plus if you’re handling various departments and want to set limits or monitor specific costs. Really shines for keeping everything organized.
- Perks & Integrations: They offer some decent perks, and the integrations make syncing with accounting tools smooth. It definitely helps simplify things when you’re handling a lot of transactions.
The Not-So-Good:
- Virtual Card Creation Is Now a Hassle: This used to be one of Brex’s standout features. Creating virtual cards was quick and simple, and it helped us separate specific costs (like Facebook ad spends) without a lot of manual effort. But recently, it’s become harder to create new virtual cards... not ideal when you’re managing multiple accounts.
- Onboarding Isn’t as Startup-Friendly Anymore: We recently raised funds for a new startup, but getting that new account set up on Brex was surprisingly complicated. It used to be a straightforward process, but now it feels more geared toward larger companies. For startups looking to hit the ground running, the onboarding process can feel like a barrier instead of an asset.
FINAL TAKE
Brex is still a powerful tool for growing companies, especially if you’ve got a lot of expenses to manage and need structure around spending. But... for startups and those who loved the old flexibility with virtual cards, it might not feel as accessible as it once did. Faster, simpler processes would go a long way in keeping Brex startup-friendly.
