Finance AI Index
Index Treasury and cash Business banking › Brex vs Novo
Business banking · September 2026 Edition

Brex vs Novo

Two of twelve models named Brex first on the direct prompt; zero named Novo. Brex was named by twelve of the twelve models and Novo by eleven and Brex carries 24 labels and Novo 19, so the shares are not directly comparable.

Brex

accepted challenger

Named in twelve categories this edition.

Novo

accepted challenger

Named in one category this edition.

First-choice share8%5%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate8%5%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#5#6A position in a field of 13; printed, not drawn.
Labels2419A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Brex reading right to left. Rank and label count are printed, not drawn.Chase Business Banking was named alongside these two in nine of the twelve direct answers. Mercury vs Brex · Mercury vs Novo · Bluevine vs Brex

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all twelve models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the business banking page.

By framing

How many of the twelve models made each the first choice, per way of asking, and how many argued against it.
BrexFirst choices, of twelve modelsNovo
Direct20
Paraphrase101 against Brex
Comparative01
Budget-constrained02
Scale-constrained00
Negative001 against Brex · 1 against Novo
Bars are first choices, 0 to 12 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to twelve.

Every model, every framing

The seventy-two answers behind the chart above, one cell each: where Brex and Novo stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
Claude Haiku 4.5
GPT-5.4 mini
Gemini 3.5 Flash
Perplexity Sonar
Grok 4.1 Fast
Mistral Small
DeepSeek V4 Flash
Llama 4 Maverick
Qwen 3.7 Flash
Kimi K2
GLM 4.7 FlashX
MiniMax M2.5
Brex Novo first choice named as an alternative argued againstblank: not namedEach cell is one answer, Brex on the left and Novo on the right.

The direct prompt

The plain question, one answer per model, grouped by where Brex and Novo stood in it.

Brex first, Novo not the choice

2 of 12 modelsNovo was named in the answer but not as the choice, or not at all.
Claude Haiku 4.5Brex alternatives: Airwallex, Chase Business Banking, U.S. Bank
DeepSeek V4 FlashBrex alternatives: Bank of America, Chase Business Banking, HSBC, Mercury, Relay, U.S. Bank, Wells Fargo

Neither was the first choice, one was named

4 of 12 modelsThe answer put something else first and named one of the two as an alternative.
Gemini 3.5 FlashRho alternatives: Bank of America, Brex, Chase Business Banking, Fifth Third Bank, Mercury, PNC Bank
Perplexity SonarRho alternatives: Bluevine, Brex, Relay
Grok 4.1 FastBank of America, Chase Business Banking alternatives: Brex, PNC Bank, Rho
Kimi K2Chase Business Banking, Mercury alternatives: Brex, First Internet Bank

Neither was named

6 of 12 modelsThe answer made no first choice from these two in this category.
GPT-5.4 miniChase Business Banking alternatives: Bank of America, TD Bank, U.S. Bank
Mistral SmallAxos Bank, PNC Bank alternatives: First Internet Bank, Revolut Business, Wise Business
Llama 4 Maverickno first choice
Qwen 3.7 FlashBluevine alternatives: Airwallex, Chase Business Banking, Relay
GLM 4.7 FlashXChase Business Banking alternatives: Airwallex, Qonto, Wise Business
MiniMax M2.5Chase Business Banking alternatives: Airwallex, Bank of America, Barclays, HSBC, Mercury, NatWest, Rho, Silicon Valley Bank, Wells Fargo

Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Novo leads by eight points.
Novo12%#3 of 11
Brex4%#6 of 11
The full small business standing →
Mid-marketThe figures above
The order flips: Brex leads at mid-market.
Brex8%#5 of 13
Novo5%#6 of 13
The full mid-market standing →
Enterprise
Brex leads by eighteen points.
Brex18%#2 of 11
Novo0%#– of 11
The full enterprise standing →

What the models said about Brex

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Three of three in this category shown.

“Brex abruptly decided to stop servicing traditional small businesses, giving tens of thousands ... just 60 days to move their funds” Gemini 3.5 Flash · negative prompt · hard negative
“Brex is best if you run a mid-market company and want a corporate card plus treasury and vault services in one platform.” Claude Haiku 4.5 · direct prompt · first choice
“Brex offers both banking and corporate card services designed for venture-backed startups and mid-market companies” Claude Haiku 4.5 · paraphrase prompt · first choice

What the models said about Novo

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Four of five in this category shown.

“neobanks (such as Mercury, Bluevine, or Novo) rely heavily on automated fraud-detection algorithms” Gemini 3.5 Flash · negative prompt · soft negative
“Novo: Best for Simple, 100% Fee-Free Banking ... Choose Novo if you want an all-around free account with great integrations and ATM fee refunds.” Gemini 3.5 Flash · budget prompt · first choice
“Start with Bluevine or Novo—open online in minutes with EIN/SSN.” Grok 4.1 Fast · budget prompt · first choice
“For US solos: Novo/Bluevine.” Grok 4.1 Fast · comparative prompt · first choice
Also compared

Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.