It’s official. San Francisco fintech unicorn Brex has announced their expansion into Vancouver with its first ever international office.

Brex is transforming B2B payments by creating corporate cards, cash management accounts, rewards, and travel programs that are tailored to specific industries. In 2018 Brex launched the first corporate card and rewards program specifically designed for startups.

By rebuilding the credit card tech stack from the ground up, Brex is able to reimagine every aspect of corporate cards, including underwriting, transparency, and approvals, to create a radically better experience for customers.

The new Vancouver office is currently 40 employees strong and initially focused on software engineering and customer experience functions.

SEE ALSO: Following Meteoric Rise, Brex Looks North for Talent

Brex chose Vancouver because the city has both a deep pool of local talent and has long been a magnet for a global workforce with a diversity of skills and experiences. Brex is building a highly international and diverse team, with a wide range of countries and origins represented in every level from recent college graduates to its Board of Directors.

“The phenomenal growth of Vancouver’s technology industry and its embrace of skilled immigrants are inextricably linked,” said Henrique Dubugras, Co-Founder and Co-CEO of Brex.

“Brex’s growth and the global diversity of its workforce share a similar connection. We’re thrilled to announce our new office in a location that is so rich in global talent.”

“Brex benefits from a broad range of perspectives stemming from our internationally diverse workforce of immigrants as well as American- and Canadian-born nationals,” added Cosmin Nicolaescu, VP of Engineering at Brex and executive sponsor for the Vancouver office.

“Technology, and payments specifically, are by their nature global industries, so Brex products and services are improved by our team’s multitude of experiences, connections and context.”

Brex is hiring for a number of exciting roles and opportunities in Vancouver and recently participated in the Tech Talent Vancouver job fair.

Brex is backed by Y Combinator Continuity, Peter Thiel, Max Levchin, and more, and has raised USD $315 million to date.