Brex is an American financial service and technology company offering business credit cards and cash management accounts, primarily to technology companies. Founded on January 3, 2017, by Henrique Dubugras and Pedro Franceschi, Brex initially started as a VR company but pivoted to fintech during Y Combinator's accelerator program.
Pedro Franceschi is the CEO, with Henrique Dubugras serving as Chairman of the Board. Other key leaders include Ben Gammell (President & CFO), and Cosmin Nicolaescu (CTO). Brex's platform provides tools for expense management, accounting automation, bill pay, and travel. In January 2026, Capital One announced it would acquire Brex for $5.15 billion in cash and stock, a deal expected to close in mid-2026. Brex was previously valued at $12.3 billion in 2022. As of 2024, one in three U.S. startups were using Brex.
