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. 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. Emigrant Bank issues the Brex cards. In May 2020, the company raised a $150M equity financing round from DST Global and Lone Pine Capital bringing their total funding to $465M.
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.
