Brex, the first corporate card for ecommerce, today announced its partnership with BigCommerce, the world’s leading SaaS ecommerce platform for established and rapidly-growing businesses. Brex’s open line of credit with 60 day payment terms and interest-free financing is now available to all BigCommerce merchants through the BigCommerce App Store. In connection with this launch, Brex also announced that Klaviyo, the growth marketing platform for online businesses, joined the Brex ecommerce rewards program. All Brex customers who sign up for Klaviyo will receive a 15% subscription price reduction for six months.
“Brex continues to invest in its ecommerce offering, and building new, high quality partnerships with ecommerce platforms is a critical component of that strategy,” said Henrique Dubugras, co-founder and co-CEO of Brex.
Customers looking for payments and short-term working capital solutions can now seamlessly apply to Brex within the BigCommerce platform. Moreover, BigCommerce customers can enjoy all the benefits of Brex including instant online underwriting without personal guarantees, higher limits, and high quality rewards by using their Brex credit card to purchase inventory, ads, software and other services they need to run their businesses.
“Our partnership with Brex further illustrates our commitment to providing merchants access to the highest-caliber technologies and service providers available in the industry,” said Russell Klein, Chief Development Officer at BigCommerce. “Brex shares our desire to help merchants sell more and grow faster to maximize success, and we look forward to working together to mutually support customers.”
Since its launch in February 2019, the Brex ecommerce offering has gained significant customer traction and has formed partnerships with companies including Amazon Web Services, Shippo, Zentail, Stitch Labs, Clear Channel Outdoor, and most recently Klaviyo.
“As a direct to consumer brand on BigCommerce, we have benefited tremendously from the Brex offering, which is perfectly tailored to the financial needs of growing eCommerce businesses. LARQ has scaled quickly and efficiently by jointly leveraging the BigCommerce eCommerce platform and the Brex payments offering,” said Justin Wang, CEO of LARQ.
Visit brex.com/ecommerce to learn more today.
Brex is transforming B2B payments by creating corporate cards, rewards, and travel programs that are tailored to specific industries. In 2018 Brex launched the first corporate card and rewards program specifically designed for startups. By rebuilding the credit card tech stack from the ground up, Brex is able to reimagine every aspect of corporate cards, including underwriting, transparency and approvals, to create a radically better experience for customers. Brex is backed by Y Combinator Continuity, Peter Thiel, Max Levchin and more and has raised $315M in equity and $100M in debt capital. The company’s headquarters are in San Francisco.
BigCommerce is the world’s leading SaaS ecommerce platform for established and rapidly-growing businesses. Combining enterprise functionality, an open architecture and app ecosystem, and market-leading performance, BigCommerce enables businesses to grow online sales with 80% less cost, time and complexity than on-premise software. BigCommerce powers B2B and B2C ecommerce for more than 60,000 stores, 2,000+ mid-market businesses, 30 Fortune 1000 companies and industry-leading brands, including Assurant, Ben & Jerry’s, Skullcandy, Sony and Toyota. For more information, visit www.bigcommerce.com.
Klaviyo is a data and marketing platform that accelerates growth for companies by enabling them to leverage their owned marketing channels. Klaviyo makes it easy to access, store, analyze, and use transactional and behavioral data to power highly-targeted email and advertising campaigns. And unlike other marketing platforms Klaviyo doesn’t force companies to choose between advanced functionality or ease of use – so brands are able to maximize their sales quickly. That’s why over 20,000 innovative companies like Colourpop, Huckberry, and Steve Madden sell more with Klaviyo. Learn how they’re doing it at www.klaviyo.com.