Pedro Franceschi

Pedro Franceschi grew up in Rio de Janeiro and taught himself to program as a child. At 16 he began building Pagar.me, a Brazilian online payments processor, with Henrique Dubugras; Stone bought it in 2016 for what TechCrunch described as tens of millions of dollars.

Franceschi enrolled at Stanford in 2016 and left with Dubugras for Y Combinator's Winter 2017 batch, where the pair dropped a virtual reality idea three weeks in and started Brex. As the internal co-CEO he led product and engineering and built the company's financial infrastructure, including the direct Mastercard integration that lets Brex issue local cards in more than 50 countries. He led the January 2024 restructuring that cut 282 jobs and became sole CEO on June 12, 2024. Sacra estimates revenue then grew about 50% in the year to August 2025. Franceschi negotiated the $5.15 billion sale to Capital One and continues to run Brex inside the bank, reporting to Capital One executive Frank LaPrade. Pedro Franceschi was born in 1996.