Summary: Brex lowers cash yield to 3.96%

Why It Matters: Brex changed the interest rate it offers on cash. This could affect how attractive their cash management services are to businesses.

What Changed:

• The stated yield for "Banking and treasury" changed from 3.97% to 3.96%.
• The stated yield for "Maximize your spending power" changed from 3.97% to 3.96%.
• The stated yield for "Best-in-class treasury" changed from 3.97% to 3.96%.