Skip to Content
  • Age
  • Title
    Co-CEO and cofounder
  • Company

Industry: Finance

Dubugras and his cofounder, Pedro Franceschi, entered the prestigious Y Combinator accelerator with one startup idea (an augmented-reality company) and came out with a totally different one: fintech company Brex. Providing interest-free credit cards primarily to well-funded startups that lack enough of a revenue stream to get approved by bigger banks—a problem the founding duo (and Stanford dropouts) experienced firsthand, along with many of their Y Combinator peers—Brex has since become one of the fastest-growing private companies around. After reaching unicorn status just a few months after officially launching, Brex in June announced new funding led by Kleiner Perkins that more than doubles its valuation, to $2.6 billion. It’s an audacious second act for the young cofounders, both Brazilian natives who immigrated to the U.S. after selling their first startup, a payments venture called, in 2016. Brex, which monitors its card members’ bank accounts in exchange for offering them upfront credit, has already expanded to serve e-commerce and life science companies and hopes to move into other markets as well.

Created with sketchtool.Created with sketchtool.Looking for leads, investment insights, or competitive intelligence?Buy Now

40 Under 40

List Debut