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As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products.
Today, fintech startup Brex announced it is moving in an unexpected direction with its travel offering while Mesh Payments said it’s expanding into travel in addition to general expense management.
Let’s start with Brex. Specifically, the company announced a new group events feature, designed to help companies book and manage events, including offsites.
It may feel like a big departure for a startup that started out focused on credit cards, but Brex VP of product Vineet Taneja said that it happened more naturally than you might expect.
When Brex began offering travel expense management to its customers earlier this year, the company noticed a pattern in looking at clients’ budgets. With more people working remotely either part or full-time, it appeared that more…