Brex
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| Brex Inc. | |
| Company type | Private |
| Industry | Specialty finance |
| Founded | January 3, 2017 |
| Founders | Henrique Dubugras, Pedro Franceschi |
| Headquarters | San Francisco, CA |
Key people | Henrique Dubugras (Co-CEO), Pedro Franceschi (Co-CEO) |
| Website | brex |
Brex Inc. is an American financial service and technology company based in San Francisco, California. Brex offers business credit cards and cash management accounts to technology companies.[1] Brex cards are actually charge cards, require at least $100,000 in a bank account, or in monthly sales, to open, and cardholders who default won't damage their personal credit or assets.[2] Emigrant Bank issues the Brex cards.[3] In May 2020, the company raised a $150M equity financing round from DST Global and Lone Pine Capital bringing their total funding to $465M.[4]
Brex was founded by Brazilians Henrique Dubugras and Pedro Franceschi on January 3, 2017, who had previously founded online payments company, Pagar.me, before selling to Stone.[5][6]
References
- ^ "Brex Small Business Card: If Square Could Work, Is There Potential Here?". PaymentsJournal. 2018-06-19. Retrieved 2019-11-19.
- ^ http://upgradepoints.com/brex. Retrieved 19 December 2019
- ^ http://www.brex.com. Retrieved 19 December 2019
- ^ "Brex brings on $150M in new cash in case of an 'extended recession'". TechCrunch. Retrieved 2020-05-24.
- ^ "F-1". www.sec.gov. Retrieved 2019-11-19.
- ^ www.sec.gov https://www.sec.gov/Archives/edgar/data/1745431/000095010319003973/dp104113_6ka.htm. Retrieved 2019-11-19.
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