Henrique Dubugras

Henrique Dubugras grew up in São Paulo and learned to code as a teenager. He met Pedro Franceschi online, and the two began building Pagar.me together at 16, selling it to Stone in 2016 before either had finished college.

Dubugras enrolled at Stanford in 2016 and left for Y Combinator in early 2017, co-founding Brex that January. As the external co-CEO he led fundraising, managed relationships with banking partners and regulators, and personally sold to the company's largest customers. Brex raised about $2.3 billion in equity as an independent company and reached a $12.3 billion valuation on a $300 million round agreed in October 2021. When the co-CEO structure ended on June 12, 2024, Dubugras became chairman of the board, saying Brex remained his only focus. Henrique Dubugras was born in 1995.