Does Brex accept unlicensed financial services businesses? (October 2026)
No: as of October 12, 2026, Brex does not accept unlicensed financial services businesses, per its published policy.
No
Licensee: Brex LLC, a wholly owned subsidiary of Capital One, N.A. (FDIC (deposit partner Column N.A.))
What the policy says
You may not use your Account to engage in or facilitate payment processing or money transmission activity (collectively “Payment Processing”) and such prohibition applies regardless of the status or availability of any licenses, registrations, or exemptions under Applicable Law.
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