More than 30,000 US companies use commercial cards, spend management software and/or banking services from Brex, which launched in 2017. The company’s software is used to eliminate manual expense reporting and accounting tasks by finance teams at startups and at Global 2000 companies. Over the last 12 months, virtual and physical corporate T&E and purchasing cards provided by Brex and issued through its partner banks have generated $20 billion in purchase volume, up 40% over the prior 12 months. Fifth Third Bank and Emigrant Bank are the card issuers. Mastercard, an early investor in ...