Launch HN: Brex (YC W17) – Corporate Credit Card for Startups 175 by hdubugras | 114 comments on Hacker News. Hi HN – We are Henrique and Pedro of Brex ( https://brex.com/ ). We've built a corporate credit card for startups that has high limits, an instant online application and no personal guarantees. Pedro and I built our first payments business in Brazil, Pagar.me, when we were teenagers. We came to the U.S. to attend Stanford. We joined YC W17 and realized quickly – even with a seed round in the millions – that we could not get a corporate credit card. We are Brazilian, young, and do not have U.S. credit. Even if we did have credit – we know that personally guaranteeing a credit card makes no sense for a business (more on that later). In Brazil, we raised $300K initially (when we were 16) from an investor that was willing to take a chance on us. In Brazil, even though there are 200 million people, there is very little venture capital financing and limited startup infrastruct
