Software Alternatives, Accelerators & Startups

Brex VS Open.money

Compare Brex VS Open.money and see what are their differences

Brex logo Brex

The first corporate card for startups

Open.money logo Open.money

Open is a connected banking platform for business payments that simplifies the process of sending, receiving, and reconciling payments for businesses.
  • Brex Landing page
    Landing page //
    2023-09-17
  • Open.money Landing page
    Landing page //
    2023-09-18

Founded in 2017, OPEN is a business payments platform that empowers SMEs, startups and freelancers to manage everything from accounts payables, accounts receivables, to auto-reconciliation, accounting, expense management, compliance and payroll in one single platform. Today the platform powers more than 40 lakh SMEs and processes over USD 30 billion in annualized transactions. The platform also adds over 100,000 SMEs every month, making it the fastest-growing platform in this space globally.

In May 2022, OPEN raised its Series D round and became the 100th Unicorn from India. OPEN is backed by leading global investors like IIFL Finance, Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic Partners, 3one4 Capital, Speedinvest, Tanglin Venture Partner Advisors, Angellist, Unicorn India Ventures, to name a few and has raised over USD190 million in funding to date.

Brex

Website
brex.com
Pricing URL
-
$ Details
-
Platforms
Web iOS Android
Release Date
2017 January
Startup details
Country
United States
State
California
Founder(s)
Henrique Dubugras
Employees
500 - 999

Open.money

Website
open.money
$ Details
freemium $81.52 / Annually
Platforms
Browser Android iOS
Release Date
2017 May
Startup details
Country
India
State
Karnataka
City
Bengaluru
Founder(s)
Ajeesh Achuthan
Employees
250 - 499

Brex videos

The Brex Card Review (SHOULD YOU GET IT?)

More videos:

  • Review - Brex Cash Simplifies Customer Finances, Co-CEO Dubugras Says
  • Review - Brex Credit Card Review, should you get it? [Possibly the best card for remote companies]
  • Review - Brex Visa: The Best Business Credit Card?

Open.money videos

No Open.money videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Brex and Open.money)
Finance
100 100%
0% 0
Online Payments
80 80%
20% 20
Accounting & Finance
0 0%
100% 100
Money Transfer
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Brex and Open.money

Brex Reviews

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Open.money Reviews

  1. Great app

    Overall, I highly recommend Open to fellow entrepreneurs and business owners. The platform offers a comprehensive set of features that streamlined my financial operations. Open provides tools for tracking expenses, invoicing clients, and managing cash flow. The user-friendly interface makes it easy to navigate and access the necessary information efficiently. The ability to connect multiple bank accounts and view consolidated financial data in one place has saved me a tremendous amount of time and effort. However, I do miss the founder's One Card, which was a valuable addition to the platform. I hope that Open considers relaunching it soon, as it provided convenience and enhanced control over business expenses.

  2. Simplifies transactions and exceptional support

    I have been utilizing Open for my business transactions, and it has been an incredible experience. It seamlessly integrates with my existing systems, making the payment process straightforward. I feel extremely secure using it, and whenever I have had inquiries, their customer support has been exceptionally helpful. Open provides a variety of payment options, which has significantly contributed to the growth of my business. Overall, my experience with Open has been exceptional.

  3. Effortless Financial Tracking with Open's Digital Dashboard

    The open digital dashboard provides the summary of my account balances, payables, and receivables, making it easy to track my finances. Moreover, the beneficiary management feature simplifies handling recipients, ensuring seamless and efficient transactions. I enthusiastically recommend it to anyone seeking to streamline their financial management.

Social recommendations and mentions

Open.money might be a bit more popular than Brex. We know about 1 link to it since March 2021 and only 1 link to Brex. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Brex mentions (1)

  • Business Card - Secured with travel rewards?
    Nerdwallet has a pretty good comparison chart for secured business credit cards. You'll find many of them with cash back rewards, but I haven't seen any with flight rewards though. You can also build business credit with regular credit-that-works-like-debit cards from Brex, Dappr, and several others. Source: about 1 year ago

Open.money mentions (1)

  • open.money bank reviews
    Has anyone used open.money for banking purpose? Source: about 1 year ago

What are some alternatives?

When comparing Brex and Open.money, you can also consider the following products

Mercury - Mercury is banking* for startups

Razorpay - Payment gateway solution for India with robust, developer friendly API and simple economic pricing.

Ramp - Grow more. Waste less. Enterprise corporate cards built from the ground up to save your company money: issue unlimited cards and eliminate overspend with our advanced savings reports and 1.5% cash back on everything.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Zoho Books - Smart Accounting for Growing Business