Brex built a corporate card and spend-management platform purpose-built for startups and scaling companies, offering credit limits based on a company's cash position rather than a founder's personal credit, alongside expense management, bill pay, and treasury tools. The company diversified beyond interchange revenue by layering on SaaS subscription products as it matured into a broader financial operating system for growing businesses. In 2026, Capital One completed its acquisition of Brex, with co-founder Pedro Franceschi remaining CEO, giving Capital One a modern, AI-forward business-payments platform built on Brex's cloud-native infrastructure. NYSE: COF Visit Brex Website