Brex vs Ramp
short answerBoth are traditional neobanks with similar positioning — the real differences are FX markup, fees, license and geography, compared field by field below.
Brex: Corporate cards + banking for startups.
Ramp: Spend management + business accounts.
Side by side
| Brex | Ramp | |
|---|---|---|
| Category | traditional | traditional |
| Audience | SMB & startups | SMB & startups |
| HQ | San Francisco, US | New York, US |
| Founded | 2017 | 2019 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| License detail | Partner banks | Partner banks |
| Card | MC · Corporate credit | Visa · Corporate card |
| Cashback | Points | 1.5% |
| Yield | Yield on idle cash | Treasury yield |
| FX markup | Up to 3% FX markup on transactions needing conversion; local-currency cards avoid it (2026-07) | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | North America | North America |
| Reported users | — | — |
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.