Case Study: Brex (fintech) achieves 80% automated, instant and compliant onboarding with Alloy

Brex automates 80% of new account openings

Brex, a San Francisco fintech that issues business credit cards and cash management accounts, faced the challenge of launching a startup-focused corporate card with instant virtual-card approvals while meeting strict KYC/AML and bank partner compliance. As an early-stage company balancing speed and limited resources, Brex partnered pre-launch with Alloy, using Alloy’s single API and live dashboard to address immediate identity and verification needs.

Alloy aggregated multiple data sources and centralized decisioning to automate Brex’s KYC/AML workflow, saving integration time and providing transparency for bank partners. The result: over 80% of new account openings automated, only 2% needing full manual oversight, and rapid growth from a 100-startup private beta to serving thousands in under six months—enabling secure, instant onboarding and virtual cards issued in minutes.

Brex

Michael Tannenbaum

Chief Financial Officer