Henrique Dubugras and Pedro Franceschi
Even the brightest startups can be stymied by a simple problem: getting a big-budget corporate card—without a credit history. That’s where Brex, the brainchild of Stanford dropouts Henrique Dubugras and Pedro Franceschi, comes in.
Reported by 1 outlet — TIME. See all sources ↓
Even the brightest startups can be stymied by a simple problem: getting a big-budget corporate card—without a credit history. That’s where Brex, the brainchild of Stanford dropouts Henrique Dubugras and Pedro Franceschi, comes in. Instead of evaluating applicants based on the company’s history, as a traditional bank would, the company reviews its real-time financial data and extends credit lines based on current factors, such as funding and spending behavior. Of course, lending money to high-risk startups is itself a high risk.
Read the full report at TIME ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Even the brightest startups can be stymied by a simple problem: getting a big-budget corporate card—without a credit history. That’s where Brex, the brainchild of Stanford dropouts Henrique Dubugras and Pedro Franceschi, comes in.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 6m ago.
How outlets are framing the same story
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Henrique Dubugras and Pedro Franceschi
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