Brex has formed a partnership with its former competitor Zip, aiming to reduce cash burn and streamline operations in preparation for an eventual IPO. This collaboration is seen as a strategic move to enhance financial stability and market positioning as both companies navigate challenging economic conditions.

Zip US has expanded its partnership with Stripe to integrate its buy now, pay later (BNPL) services directly into Stripe's checkout interfaces, allowing US merchants to easily offer installment payment options. This collaboration aims to enhance sales by reaching underserved customer segments while ensuring merchants receive full payment upfront, minimizing risk.