As its earlier customers have grown and matured, Brex is now adapting to also serve mid-market to larger businesses which have different financial needs as they grow. In terms of customers, Brex continues to serve startups or e-commerce companies that might be smaller businesses but with higher growth.
While there are still a lot of SMEs that are not using Qonto in France, Germany, Spain and Italy, Qonto also plans to enter new market in 2023.