Emburse takes on Brex and Ramp by offering physical and virtual corporate cards to SMBs.
Brex makes a big push into software with a spend management product and lands DoorDash as one of its first customers.
The fact that Brex is now a decacorn is somewhat remarkable, given its relatively young age. It’s now on track to double revenue in 2021. Brex said that it grew its “total customer” figure by 80% in the first quarter of 2021, “with total monthly customer additions increasing by 5x.”