California Life Sciences Association (CLSA), in partnership with Brex, has introduced additional benefits to its newly introduced corporate card.
The new Brex Life Sciences Corporate Credit Card launches to enable the life sciences entrepreneurs to scale-up their businesses. It will also offer exclusive rewards to CLSA members and additional benefits to tackle the challenges, which life sciences companies usually face.
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The CLSA members will be entitled to 60,000 bonus points for signing up with card fees waived for life. Additionally, the members will receive assistance from a dedicated Brex support team and access to the Brex rewards programme.
Moreover, the corporate card does not require personal guarantees, credit scores or security deposits from founders.
CLSA president and CEO Mike Guerra said: “We’re proud to partner with an organisation like Brex that shares our mission of enabling California’s life sciences innovators.
“CLSA provides the tools and resources necessary to help ensure our state’s life sciences sector can grow and thrive.
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By GlobalData“The CLSA and Brex partnership will enhance productivity and business efficiency of established and emerging life sciences companies in California by easing the burden of traditional credit card underwriting with even greater rewards.”
The Brex Life Sciences Corporate Credit Card is globally accepted on the Mastercard network.
Furthermore, it comes with advanced expense management features and instant receipt capture benefits. It also enables integrations with QuickBooks and Expensify accounting products, as well as comes with better fraud detection features.
Recently, Brex raised $100m in a new funding round led by Kleiner Perkins Digital Growth Fund.
