--- description: Find out why Brex was selected for the list title: TIME100 Most Influential Companies 2023: Brex image: https://static.time.com/v3/assets/bltea6093859af6183b/bltdaab0c638fb77eab/698a3dbf86f68e61fe6f283a/time100-companies-Brex-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # Brex Boosting startups by Guadalupe Gonzalez  Brex's credit cards and finance app. Brex's credit cards and finance app.Courtesy of Brex Co-CEO Henrique Dubugras says think of Brex as a “spend platform.” The company launched its corporate charge card for startups five years ago, and has since grown into a fintech conqueror. Valued at $12.3 billion in 2022, it has made 10 acquisitions, and after [Silicon Valley Bank’s collapse](https://time.com/6276744/fed-interest-rate-hike-bank-failures/ "undefined"), it received $2 billion in deposits and opened 4,000 new accounts. Last year Brex launched Empower, software that links Brex cards and accounts to a custom expense-­management service. The company services startups, helping new businesses get off the ground, as well as enterprise clients, including DoorDash, Indeed, Coinbase, SeatGeek, and Lemonade. _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285129/brex/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285129/brex/"},"headline":"Brex","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T00:15:27.165Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285129/brex/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdaab0c638fb77eab/698a3dbf86f68e61fe6f283a/time100-companies-Brex-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"TIME Staff","jobTitle":null,"url":"https://time.com/author/time-staff/"}],"creator":"TIME Staff","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdaab0c638fb77eab/698a3dbf86f68e61fe6f283a/time100-companies-Brex-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285129/brex/","name":"Brex"}}]}] ```