4 ms·

So... what alternatives are people moving to? I really liked the dynamic credit card generator, and Brex Travel was luxurious... Also, I'm curious what the ne

So... what alternatives are people moving to? I really liked the dynamic credit card generator, and Brex Travel was luxurious... Also, I'm curious what the new cut off is, and who their new customers are. Is the new downturn causing their "strategy change"?

itake 4y ago
When I was rejected by Brex, I moved to Mercury. So far so good.
- yawnxyz 4y ago
  We've been using both Mercury and Brex for different purposes, but I guess we'll go Mercury full-time. I really hope Mercury doesn't pull the same stunt.
  - kunalslab 4y ago
    Mercury is committed to banking customers of all sizes: https://news.ycombinator.com/item?id=31772903 https://news.ycombinator.com/item?id=31772903
    - bombcar 4y ago
      Though to be fair, everyone is committed to their customers until they aren’t.
sgk284 4y ago
[disclaimer: I work at Brex, but am not speaking on behalf of the company] I think one thing being lost in translation here is that Brex considers small businesses to be different from startups, and it's an important distinction internally that is likely getting lost externally. For example, we just acquired Pry to help with founders at small startups figure out financial projections and needs. If you're an early stage funded startup, Brex is probably still a good fit. The policy cited here is more about no longer being a good fit for "traditional" small businesses.
- Rebelgecko 4y ago
  How do you actually make that distinction? My flippant guess is that the difference between the two is that a "traditional" small business is profitable
  - bombcar 4y ago
    Startup has the chance of going big and they want their cut of that. Small business never will go profitable for them so they don’t want to waste time on it. Think “enterprise”.
  - markdown 4y ago
    I suppose how likely it is to scale massively. Lawncare business = not a startup. Like Uber, but for lawncare = startup.
- mbesto 4y ago
  > The policy cited here is more about no longer being a good fit for "traditional" small businesses. Of which you, nor anyone else here, can clearly define. Hilarious, indeed.
  - aaaaaaaaata 4y ago
    They specifically said "funded".
    - mbesto 4y ago
      What does "funded" mean? If my mom gives me $10k is that funded? If an investment firm gives me $5M, is that "funded"? And, and...
lytedev 4y ago
I work at Divvy and it may be worth your time. Not sure if they're exactly the same product, but we are often calling Brex a competitor, so I assume we're similar.

itake 4y ago

When I was rejected by Brex, I moved to Mercury. So far so good.

yawnxyz 4y ago
We've been using both Mercury and Brex for different purposes, but I guess we'll go Mercury full-time. I really hope Mercury doesn't pull the same stunt.
- kunalslab 4y ago
  Mercury is committed to banking customers of all sizes: https://news.ycombinator.com/item?id=31772903 https://news.ycombinator.com/item?id=31772903
  - bombcar 4y ago
    Though to be fair, everyone is committed to their customers until they aren’t.

sgk284 4y ago

[disclaimer: I work at Brex, but am not speaking on behalf of the company] I think one thing being lost in translation here is that Brex considers small businesses to be different from startups, and it's an important distinction internally that is likely getting lost externally. For example, we just acquired Pry to help with founders at small startups figure out financial projections and needs. If you're an early stage funded startup, Brex is probably still a good fit. The policy cited here is more about no longer being a good fit for "traditional" small businesses.

Rebelgecko 4y ago
How do you actually make that distinction? My flippant guess is that the difference between the two is that a "traditional" small business is profitable
- bombcar 4y ago
  Startup has the chance of going big and they want their cut of that. Small business never will go profitable for them so they don’t want to waste time on it. Think “enterprise”.
- markdown 4y ago
  I suppose how likely it is to scale massively. Lawncare business = not a startup. Like Uber, but for lawncare = startup.
mbesto 4y ago
> The policy cited here is more about no longer being a good fit for "traditional" small businesses. Of which you, nor anyone else here, can clearly define. Hilarious, indeed.
- aaaaaaaaata 4y ago
  They specifically said "funded".
  - mbesto 4y ago
    What does "funded" mean? If my mom gives me $10k is that funded? If an investment firm gives me $5M, is that "funded"? And, and...

lytedev 4y ago

I work at Divvy and it may be worth your time. Not sure if they're exactly the same product, but we are often calling Brex a competitor, so I assume we're similar.