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Brex

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Brex
Brex
Privately held company
ISIN🆔
Founded 📆January 3, 2018
Founder 👔
Headquarters 🏙️San Francisco, CA
Area served 🗺️
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Brex is a credit card company that issues corporate credit cards to technology companies in the United States.

History

Brazilian entrepreneurs Henrique Dubugras and Pedro Franceschi founded the company in 2017. They founded their first company, Pagar.me, in Brazil when they were teenagers.[1] In January 2017, Brex received seed funding from Y Combinator, a start-up accelerator.[2] Brex has raised over $57M and also received investment from Peter Thiel, Max Levchin, Ribbit Capital and Yuri Milner.[3]

Services

Brex offers corporate credit cards, a type of business credit card, to early stage technology companies[4]. Its cards are issued on the Visa network. Brex offers charge cards, and their balance needs to be paid after each statement period[5].  

References

  1. "I Am Living Proof Of The American Dream: With Henrique Dubugras Co-founder of Brex". Authority Magazine. 2018-07-11. Retrieved 2018-07-11.
  2. Kauflin, Jeff. "New Credit Card Startup Lands $50 Million From PayPal Mafia And Other Investors". Forbes. Retrieved 2018-08-01.
  3. "Meet Y Combinator's Favorite Credit Card Startup—Which Just Raised $50M from PayPal Founders". Fortune. Retrieved 2018-06-20.
  4. "Brex Small Business Card: If Square Could Work, Is There Potential Here?". PaymentsJournal. 2018-06-19. Retrieved 2018-08-01.
  5. "Brex picks up $57M to build an easy credit card for startups – TechCrunch". techcrunch.com. Retrieved 2018-06-20.




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