Bank of the West, a subsidiary of BNP Paribas, and Brex have announced a co-branded corporate card with no security deposit and no requirement for US credit history. As the first co-branded corporate card announced by Brex, this card supports Bank of the West's focus on enhancing the business solutions available to its commercial clients and follows the recent launch of the bank's Innovation Hub, which offers dedicated banking services for startups.
The corporate card delivers Brex's payment offerings, including underwriting, expense management and rewards features, to Bank of the West clients. Available through Bank of the West's Innovation Hub, startup commercial clients will receive all benefits offered to Brex cardholders, including premium rewards, easy card issuance and expense management, as well as automatic receipt capture.
Brex and Bank of the West began a pilot programme for the corporate card in Q2 2019. In response to customer demand and adoption, Bank of the West will roll out the product more broadly to its North America commercial clients.
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