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Brex cards, known as business charge cards, require a minimum bank account balance of $50,000 (or $100,000 to open) for professionally invested customers. Brex also provides Brex Empower, a financialsoftware platform to assist individuals in adhering to their employers' expense policies.
If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. Blake Oliver: [00:12:06] Yeah. Then, COVID hit in March.
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