#1920
Pedro Franceschi
Overview
- Source of Wealth
- fintech
- Industry
- Finance & Investments
- Residence
- Los Angeles, California
- Organization
- Cofounder at Brex
- Education
- Stanford University (Drop Out)
- Marital Status
- Married
Biography
Pedro Franceschi is co-CEO of Brex, a fintech startup aiming to overhaul the corporate credit card.
He met cofounder Henrique Dubugras in a Twitter argument in 2012, when they were both high school seniors living in their home country of Brazil.
In 2013, the pair launched a payments startup, Pagar.me, for small business in Brazil and sold it to a larger Brazilian rival in 2015.
Franceschi grew up in Rio de Janeiro, Brazil, and attended Stanford with Dubugras for less than a year before they dropped out to start Brex in 2017.
He became a billionaire in January 2022, when Brex--based in California--raised money from private investors who valued the company at $12.3 billion.