SF based corporate credit card startup has raised $50 million from Y Combinator Continuity and PayPal cofounders Peter Thiel and Max Levchin.
“We couldn’t get a corporate credit card—none of our YC batchmates could either,” says Dubugras, Brex’s 22-year-old CEO. It didn’t matter that every Y Combinator company had received at least $120,000 in funding (the accelerator’s standard deal of admission).