Wednesday, October 30, 2019

Inxeption partners with Brex to offer their ecommerce customers access to an interest-free 60-day float via the Brex corporate credit card

Inxeption, the pioneer of industrial commerce, announced today it is partnering with San Francisco-based Brex, to give Inxeption customers access to the Brex ecommerce payment offering. With this partnership, Inxeption customers benefit from a no-fee corporate credit card that offers interest-free short-term working capital and flexible payments terms without a personal guarantee. The Brex ecommerce credit card is powered by the Mastercard network, which offers global acceptance, and features best-in-class fraud protection.

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"At Inxeption, our mission is to become our customers' advocates in every aspect of ecommerce," explains Inxeption COO and co-founder Mark Moore. "With Brex's flexible, modern payments solutions that include mission-critical short-term working capital, we add one more way we support our customers' success," Moore adds.

Inxeption customers enjoy a $1,000 sign-up bonus and waived card fees for life when they sign up for the Brex credit card for ecommerce. With the Brex ecommerce offering, business owners can qualify for a credit limit of 50-100% of projected monthly sales, with limits up to $5 million. With interest-free payment terms for 60 days, customers can use the card to better manage cash flow, seasonal revenue variations, and inventory.

"We are thrilled to partner with a leading industrial commerce brand like Inxeption. Across a wide array of industries, businesses are digitally transforming to leverage the power of online marketing delivery, and supply chain management. By partnering with leading industrial commerce offerings like Inxeption, Brex can further support this burgeoning ecosystem," said Arthur Levy, VP of business development at Brex. Click here.

For more information, visit brex.com/inxeption.

About Inxeption:
Inxeption is the pioneer of I-commerce. Its secure and scalable platform brings the ease of consumer ecommerce to business. From one digital dashboard, companies of any size in any industry can drive more sales, better manage their supply chain, and realize cost savings. Built on blockchain, it's simply transformative.

About Brex:
Brex is a leading unicorn fintech 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 with additional offices in New York, Vancouver, and Salt Lake Valley.

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