Brex vs Fiskl

Brex is a US spend management company founded in 2017 by Henrique Dubugras and Pedro Franceschi and based in San Francisco. It combines corporate cards, expense management, reimbursements, bill pay, travel booking and business accounts in one platform, with the aim of replacing expense reports and manual card reconciliation.

Cards carry real-time controls: budgets per team, project or vendor, merchant restrictions and approval chains. AI matches receipts, flags policy issues and suggests accounting codes that sync to ERPs such as NetSuite, QuickBooks and Xero. The Essentials plan is free and covers cards, expenses and bill pay; Premium adds advanced policies, travel and approvals for a per-user fee; Enterprise supports multiple global entities, local cards in many countries and custom controls.

Brex fits venture-backed startups and mid-market or enterprise companies with US entities, especially those with employees or subsidiaries abroad. Eligibility rules apply, and in 2022 Brex stopped serving many small businesses without venture funding, so very small companies may not qualify. Ramp is the closest rival and is often preferred for its free automation and savings tools; Navan combines travel and expense; Airbase served mid-market finance teams before Paylocity bought it. In practice Brex and Ramp are close, and the decision often comes down to global needs, ERP integration and the offer you receive.

In January 2026 Capital One agreed to acquire Brex for about $5.15 billion, with Pedro Franceschi continuing to lead the business.

Fiskl is a mobile-first invoicing and accounting app for freelancers, sole traders and micro-businesses, developed by a London-based fintech. Its core job is getting paid: you create professional invoices and estimates in many currencies, send them from your phone or browser, let clients pay online, and track what is outstanding, while expenses and bank transactions are captured alongside to keep simple books.

The app combines multi-currency invoicing and quotes, recurring invoices, receipt scanning, bank feeds, AI-assisted categorisation and reconciliation, online payment collection through connected payment providers, and basic reports such as profit and loss and tax summaries. A free plan covers the basics, and paid Solo, Pro and Prime tiers unlock accounting features, more users, more automation and accountant access, and the experience is designed to work fully on mobile rather than as a desktop product with a companion app.

Fiskl fits freelancers and very small businesses with international clients who want something lighter and cheaper than full accounting suites. It is a smaller brand with fewer integrations, accountant familiarity is low compared with Xero or QuickBooks, and it is not designed for payroll, inventory or growing finance teams. FreshBooks and Zoho Invoice are well-known invoicing-first alternatives, Wave is a free option in the US and Canada, and Xero suits businesses that want a full ledger.