Brex Discovers What Every Startup Eventually Does: The Real Money Is in Big Corporations

Brex, the fintech darling that once prided itself on being the go-to spend platform for plucky startups, is now fully basking in the glow of its large enterprise era—raking in an 80% revenue increase from the very corporate overlords startups used to disrupt.

Yes, Brex is absolutely rolling in cash, and boy, do they want you to know it. With an estimated $2.9 trillion in collective market cap among its blue-chip enterprise customers (humble brag much?), Brex is making it very clear that its startup roots are strictly metaphorical at this point.

“Startups Were Cute, But Have You Seen Enterprise Money?”

Once upon a time, Brex was built for scrappy, venture-backed founders who needed a corporate card before they had actual revenue. But, as every startup eventually learns, the real money isn’t in catering to other startups—it’s in servicing the biggest corporations on the planet. That’s why you’ll now find Brex boasting about deals with Robinhood, ServiceTitan, Sonos, Arm, Wiz, and even AI golden child Anthropic.

According to Brex, CFOs at these massive enterprises are desperate for spend management tools that offer vendor consolidation, granular spend controls, and accounting automation—which sounds a lot like rich people discovering budgeting apps for the first time.

“Global Scale” or “We’re Making a Ton of Money in Multiple Currencies”

With Brex now issuing local corporate cards across 50+ countries, processing multi-currency reimbursements, and handling global financial workflows, the message is loud and clear: We don’t just take money from startups anymore. We take money from massive conglomerates worldwide.

Meanwhile, over in the startup world, founders are still trying to figure out whether their seed funding will last long enough to afford Brex’s increasingly enterprise-focused product.

The Startup-to-Enterprise Playbook, Perfected

Brex isn’t the first startup to realize that the best way to make money isn’t by helping other startups, but rather by locking in contracts with corporate giants who can spend endlessly. And they definitely won’t be the last.

But don’t worry—if you’re a pre-seed founder trying to open a Brex account, they’ll still take your money. Just don’t expect them to flex about it in their next investor update.