#34 - Dreaming big and achieving big: Henrique Dubugras, Brex

Latitud Podcast

Latitud Podcast
#34 - Dreaming big and achieving big: Henrique Dubugras, Brex
May 27, 2021 Season 2 Episode 34
Latitud

Henrique Dubugras taught himself how to code as a teenager. He met his co-founder, Pedro Franceschi, over an argument on Twitter, which ended up turning them into best friends. The Brazilian tech duo went on to join teams at different startups and even start a few business projects. In 2013, they founded payments company Pagar.me — the Stripe of Brazil — when he was only sixteen years old.

Pagar.me was sold in 2016, and Henrique enrolled at Stanford University. But he left after just a few months to follow his entrepreneurial instincts. In YC, him and Pedro started Brex, a B2B fintech that is an all-in-one finance for business, disrupting the century-old industry of banking small companies.

Brex became a unicorn in record time. One year after its first product was released, it was valued at US$2.6Bn. Today, it's worth US$7Bn.

In this episode, learn more about:

  • Henrique's thoughts on fundraising and super high valuations
  • How Henrique and Pedro make it work as co-CEOs
  • And what is harder and easier about founding a company in the US vs in Brazil

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