Airwallex vs. Brex

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Airwallex
Score 8.0 out of 10
N/A
Established in Melbourne in 2015, Airwallex is a payments platform that aims to transform the way businesses move and manage money globally. They state their goal is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. With technology at its core, Airwallex offers a global financial infrastructure to help businesses transact, collect and pay in any foreign currency across 130+ countries and 50+ currencies, without the constraints of the…N/A
Brex
Score 9.7 out of 10
N/A
Brex headquartered in San Francisco offers a corporate card for expenses, ecommerce, as well as rewards card, and travel expense management.
$0
per month per user
Pricing
AirwallexBrex
Editions & Modules
No answers on this topic
Essentials
$0
per month per user
Premium
$12
per month per user
Enterprise
Custom Pricing
per month per user
Offerings
Pricing Offerings
AirwallexBrex
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AirwallexBrex
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User Ratings
AirwallexBrex
Likelihood to Recommend
10.0
(0 ratings)
9.0
(0 ratings)
Support Rating
-
(0 ratings)
9.4
(0 ratings)
User Testimonials
AirwallexBrex
Likelihood to Recommend
Airwallex is great for receiving payments from customers in other countries and where you make payments in other currencies.
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A great corporate card for startups. Easy to use and set up, easy search and track spending. I would recommend it to tech companies looking for an interface and experience that vastly improves on existing banks. Also great to have a large line of credit compared to what's offered traditionally
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Pros
  • Fast setup of bank accounts in different currencies.
  • User management with roles and permissions that enable employees to use it.
  • Fast easy setup of credit cards.
  • Transferring money across currencies at low cost.
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  • Rewards - The rewards were the main reason for us switching. Our previous card provider did not have a good rewards program.
  • User Interface and experience - When a charge is recorded on the Brex card, users immediately receive a text notification asking them to send a picture of their receipt. Brex automatically attaches the receipts to the charge which has saved our users a significant amount of time.
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Cons
  • Automated transaction failed emails
  • Recurring credit card payments
  • More fine grained credit card controls
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  • Their Quickbooks integration just updated and is now a nightmare.
  • It would be nice if I got more fraud review activities for my employees.
  • I want them to go back to their old export system into Quickbooks
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Support Rating
No answers on this topic
Prompt and always extremely fast to respond. I also think the intuitiveness of their solution negates the need for much support
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Alternatives Considered
Payoneer was more expensive for transfers and it was less featured than Airwallex.
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We use and thoroughly enjoy both. One we use as our main bank and Brex as our credit card provider. I'd say they serve different purposes (with Brex we get points), whereas Mercury we mostly use for wire transfers. We did initially start using Mercury because we needed a checking account, but Brex has been nice because of the rewards and the way it works to track expenses and cards.
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Return on Investment
  • No monthly fees for local and foreign accounts.
  • Save big on transaction fee too.
  • Save on SaaS subscription in foreign currency.
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  • No fee wire transfer.
  • Net 60 credit card terms is good for our cashflow.
  • Fast and easy employee credit cards saves us time.
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ScreenShots