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Brex profile

Who owns Brex?

traditional · San Francisco, US · Partner-bank model · custody: Custodial

short answerBrex is not itself a bank. It runs on a partner-bank (BaaS) model, where a licensed sponsor bank holds the deposits behind the app while Brex builds the product and interface. Brex's most notable disclosed backers include Y Combinator, DST Global, Greenoaks and Ribbit Capital.

Is Brex a licensed bank?

No — it runs on a sponsor bank (BaaS model). Licence detail: Partner banks.

Where is your money held?

Custody model: Custodial.

Brex runs on: Marqeta (card issuing processor). Full stack on the infra map.

Who's behind Brex?

Brex was founded by Henrique Dubugras, Pedro Franceschi (2017), headquartered in San Francisco, US.

Early investors

Notable venture and strategic investors from Brex's publicly disclosed funding rounds (~$1.5B raised).

Y Combinator ↗ DST Global ↗ Greenoaks ↗ Ribbit Capital ↗ Tiger Global ↗

Is my money safe with Brex?

Deposits are held by Brex's sponsor bank, so any insurance flows through that bank rather than Brex. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.

go deeperSee the full Brex profile with every verified field, or Brex alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.