[ritikm]

[PM on Brex Cash]

It’s true that banks are able to offer money market fund sweeps, however, they are incentivized to hold funds as deposits (better for their bottom line), which often results in limitations on account activity, and checking account interest rates near 0%.

We built Brex Cash to give startups their time back -- so customers can spend time building their businesses, instead of optimizing deposits and spending across multiple bank accounts. Within the Brex Cash account, our goal is to provide startups with a safe and liquid place for their funds, with benefits of yield that larger companies are offered.