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Does anyone know how similar this is to Brex? Related: what make Brex so special as a credit card for startups?

mikedouglas 7y ago
Brex differentiated itself by using your bank history to determine your credit limit, meaning that founders didn't need to personally guarantee their corporate cards early on in a company's life. It seems like Stripe is doing something similar.
- tptacek 7y ago
  But this relies on the startup's Stripe history, right? This is more a benefit for existing Stripe customers than it is a broadside at the entire corporate card industry.
  - ztratar 7y ago
    Stripe's Corporate Card can use your history on Stripe and other signals as well!
vertoc 7y ago
My guess is that Brex is more geared towards Silicon Valley VC funded startups - they look at how much money you have in your bank when setting your credit limit (it’s essentially a charge card if I’m using the terminology right - your credit limit is basically what’s in your bank account). The rewards are also more appealing than this iteration of the Stripe corporate card - 7x rideshare, 4x travel, 3x restaurants. Again, my guess is that Stripe is aimed to businesses that don’t fall into the traditional VC startup model - but maybe the rewards will become enticing enough that they will be competitive with Brex in that area in the future as well. You also can’t discount Stripe’s Connect API - could see this being used in tandem with that for some interesting ideas Edit: taking a closer look - they also integrate into services like Expensify and if you use their card, first $50k of payment processing is free so that’s also interesting. If you’re paying sticker price, that comes out to something like $1500
- fro0116 7y ago
  Brex also has a Ecommerce card that's based on projected monthly sales: https://brex.com/ecommerce/ https://brex.com/ecommerce/ That might be more directly comparable to the Stripe card.

Brex differentiated itself by using your bank history to determine your credit limit, meaning that founders didn't need to personally guarantee their corporate cards early on in a company's life. It seems like Stripe is doing something similar.

tptacek 7y ago
But this relies on the startup's Stripe history, right? This is more a benefit for existing Stripe customers than it is a broadside at the entire corporate card industry.
- ztratar 7y ago
  Stripe's Corporate Card can use your history on Stripe and other signals as well!

vertoc 7y ago

My guess is that Brex is more geared towards Silicon Valley VC funded startups - they look at how much money you have in your bank when setting your credit limit (it’s essentially a charge card if I’m using the terminology right - your credit limit is basically what’s in your bank account). The rewards are also more appealing than this iteration of the Stripe corporate card - 7x rideshare, 4x travel, 3x restaurants. Again, my guess is that Stripe is aimed to businesses that don’t fall into the traditional VC startup model - but maybe the rewards will become enticing enough that they will be competitive with Brex in that area in the future as well. You also can’t discount Stripe’s Connect API - could see this being used in tandem with that for some interesting ideas Edit: taking a closer look - they also integrate into services like Expensify and if you use their card, first $50k of payment processing is free so that’s also interesting. If you’re paying sticker price, that comes out to something like $1500

fro0116 7y ago
Brex also has a Ecommerce card that's based on projected monthly sales: https://brex.com/ecommerce/ https://brex.com/ecommerce/ That might be more directly comparable to the Stripe card.