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- Brex Partners with Stripe Atlas to Deliver Faster Banking Access for Startups
Brex Partners with Stripe Atlas to Deliver Faster Banking Access for Startups
Slice of Finance Team
26 Jun
Key Highlights:
Immediate business account access for startups incorporating with Stripe Atlas.
$500 reimbursement for Delaware C-Corp incorporation through Stripe Atlas.
EIN not required to start using Brex business accounts.
Priority processing with Stripe Atlas for incorporation within 1 business day.
Comprehensive financial support with higher credit limits, automated bill pay, and exclusive founder rewards.
Source (PR Newswire)
Notable Quote
"Founders need a banking partner who is immediately ready to support their vision while they jumpstart operations, and international founders, in particular, are at a disadvantage – non-US founders often have to wait 5+ weeks to receive an EIN from the IRS, delaying just about every aspect of their business."
Our Take:
Brex's partnership with Stripe Atlas is a game-changer for startups, offering a seamless and expedited path to financial operations right from the incorporation stage. By eliminating the wait time for an EIN and reimbursing incorporation costs, Brex significantly lowers the barrier for new businesses to manage their finances effectively from day one. This strategic move not only enhances Brex's value proposition but also reinforces its commitment to supporting the startup ecosystem, especially during critical early stages. The additional benefits such as higher credit limits and automated bill pay further underscore Brex's role as a comprehensive financial solution for startups.