Brex and Zip bid to transform the modern enterprise financial stack

Finextra

20-05-2025

Brex, the modern finance platform, and Zip, the world's leading procurement orchestration platform, today announced Brex for Zip – a groundbreaking solution that seamlessly integrates Brex's global card capabilities directly into Zip's procurement workflows.
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This category defining partnership delivers end-to-end spend orchestration that eliminates the traditional disconnect between procurement requests and payment execution. This enables enterprises to accelerate purchasing, prevent unauthorized spend, and gain complete visibility across their procurement and spend lifecycle.
In today's climate of economic uncertainty, companies need more than outdated procurement and spend management tools to control costs—especially for high-volume, one-off purchases that are hard to track. In most organizations, procurement and payment still operate in silos, managed by separate teams using disconnected systems. This creates unnecessary friction (like setting up a new vendor for a single payment), limited controls (as with traditional credit cards), and lightweight tools that break down at scale. These gaps compound quickly, creating blind spots that lead to unexpected costs, missed savings, and increased risk of non-compliance.
Brex for Zip solves these challenges by embedding Brex virtual cards directly into Zip's platform, allowing businesses to make secure vendor payments at every stage of the procurement process – from initial request to purchase order to invoice payment – while maintaining rigorous controls and complete traceability and reconciliation throughout the entire procurement lifecycle. Together, Brex and Zip serve more than 30,000 of the world's most forward-thinking companies, including Anthropic, BetterUp, Carta, Coinbase, eToro, Neuralink, Gong, Wiz, Zapier, and more.
"As a longtime customer of both Brex and Zip, we've experienced firsthand how each platform has transformed our financial operations and procurement processes respectively," said Adam Dix, Head of Financial Operations at Anthropic. "The integration of these two best-in-class solutions is exactly what we've been waiting for. Bringing together Brex's powerful global card capabilities with Zip's intuitive procurement workflows will eliminate the manual reconciliation work that currently consumes hours of our team's time each week. We're excited to be among the first to implement this game-changing solution."
Brex for Zip gives enterprises the ability to:
Streamline procurement and payment workflows: Issue Brex virtual cards directly within Zip across intake, PO, and invoices for faster, one-time payments with automated reconciliation. Eliminate unnecessary vendor onboarding for ad-hoc purchases and reduce procurement cycles by cutting out manual payment processes.
Prevent unauthorized spend before it happens: Assign unique Brex virtual cards to each request with transaction-level limits, all while enforcing compliance through Zip's procurement controls. Real-time visibility eliminates the risk of duplicate payments, fraud, or policy violations – going far beyond basic card-level controls offered by traditional spend management solutions.
Simplify global operations with a single card program: Make payments in over 30+ currencies and time-consuming intercompany transfers. This enterprise-grade global capability scales Zip's global payments product, enabling multinational enterprises to standardize complex procurement and payment processes worldwide.
Maximize working capital from procurement spend: Transition vendor payments from ACH to Brex global cards within Zip to gain greater flexibility over payment timing while earning valuable rewards on everyday procurement spend, and save on FX fees.
"At Brex, our goal is to empower businesses to spend smarter and move faster. Brex for Zip represents a significant leap forward in achieving that goal by creating a truly unified ecosystem and removing barriers for both finance and procurement leaders—helping them stay more connected than ever," said Pedro Franceschi, CEO of Brex. "By directly integrating Brex's global card into Zip's procurement platform, we're eliminating the friction of outdated systems and giving businesses the visibility, control, and speed they need."
"At Zip, we are committed to pushing the boundaries of what is possible with procurement technology so that we can empower finance and procurement leaders to mitigate risk, drive growth, and increase control over spend – at a time when doing so has never been more critical," said Rujul Zaparde, Co-Founder and CEO of Zip. "Whether you're a high-growth startup or one of the world's largest companies, Brex for Zip delivers a truly unified experience that brings Brex's powerful global card capabilities directly into Zip's powerful procurement workflows to help businesses of all sizes navigate today's economic challenges with enhanced efficiency and control."
"We're proud to see two top Y Combinator companies come together to raise the bar for enterprise finance. At YC, we use both Brex and Zip, and have seen firsthand how they dramatically streamline financial operations and procurement. This integration represents the kind of innovation we encourage at YC — solving real problems for customers," said Dalton Caldwell, Managing Partner at Y Combinator.
Brex for Zip is built on Brex Embedded, an API-driven payments solution that enables B2B software vendors to integrate Brex virtual cards directly into their platforms. This integration allows joint customers to make fast, secure global payments in virtually any currency while automating reconciliation and maintaining robust controls.