# Brex and Modern Treasury

> Brex and Modern Treasury sit on different layers of the finance stack. Brex is an employee-facing intelligent finance platform for cards, budgets, expenses, travel, bill pay, and business accounts; Modern Treasury is developer-first infrastructure for initiating payments, maintaining ledgers, reconciling transactions, and working across bank and stablecoin rails. A company may reasonably use both: Brex to govern internal company spend and Modern Treasury to power money movement inside a product or complex payment operation.

## Achievements

- Brex combined corporate cards, expense management, reimbursements, travel, bill pay, and business accounts in one employee-facing platform.
- Modern Treasury created a unified Payment Order abstraction across rails including ACH, wires, RTP, checks, and stablecoins.
- Modern Treasury's Ledgers product provides an immutable, real-time view of balances for money-movement use cases.
- Capital One completed its acquisition of Brex on April 7, 2026, with Pedro Franceschi continuing as CEO.

## Latest updates

- **2026-04** — Capital One completed its acquisition of Brex, and Pedro Franceschi remained CEO.
- **2026-05** — Modern Treasury launched Global USD Accounts for platforms serving users in more than 90 countries.
- **2026-06** — Modern Treasury added USDC on Base to its payments API.
- **2026-07** — Modern Treasury announced a partnership supporting real-estate capital-raise payments through ACH, RTP, FedNow, and wires.

## Links

- Website: https://www.brex.com/
- LinkedIn: https://www.linkedin.com/company/brexhq/
- Twitter/X: https://twitter.com/brexHQ/
- Instagram: https://www.instagram.com/brexhq/
- Facebook: https://www.facebook.com/BrexHQ/

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Published by YesPress — https://yespress.io
Last updated: 2026-08-17