Co-CEO Henrique Dubugras says think of Brex as a “spend platform.” The company launched its corporate charge card for startups five years ago, and has since grown into a fintech conqueror. Valued at $12.3 billion in 2022, it has made 10 acquisitions, and after Silicon Valley Bank’s collapse, it received $2 billion in deposits and opened 4,000 new accounts. Last year Brex launched Empower, software that links Brex cards and accounts to a custom expense-management service. The company services startups, helping new businesses get off the ground, as well as enterprise clients, including DoorDash, Indeed, Coinbase, SeatGeek, and Lemonade.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
- L.A. Fires Show Reality of 1.5°C of Warming
- How Canada Fell Out of Love With Trudeau
- Trump Is Treating the Globe Like a Monopoly Board
- Bad Bunny On Heartbreak and New Album
- 10 Boundaries Therapists Want You to Set in the New Year
- The Motivational Trick That Makes You Exercise Harder
- Nicole Kidman Is a Pure Pleasure to Watch in Babygirl
- Column: Jimmy Carter’s Global Legacy Was Moral Clarity
