Coupang, Inc. announced that it has appointed Pedro Franceschi, Co-Founder and Co-CEO of Brex, to the company's board of directors. Franceschi is the Co-Founder and Co-CEO of Brex, a company reimagining financial systems for fast growing businesses. Launched in 2018 as the corporate card for startups, Brex now serves tens of thousands of companies through its expanded portfolio of financial services and software to help all fast-growing companies reach their full potential.

Prior to launching Brex, Franceschi co-founded the payment company Pagar.me, which was acquired by Stone, one of the larger payments companies in Brazil.