Capital One's acquisition of Brex is the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, after its ...
Corporate credit cards may seem mundane, but adding Brex to Capital One’s credit card platform, which now includes Discover, ...
The deal gives the credit-card issuer access to technology used by thousands of companies for corporate credit cards.
Brex’s sale probably reflects the fact that its longtime backers were keen to cash out and find more scale, even at depressed valuations. They are receiving half the purchase price in Capital One ...
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Capital One strikes $5.15 billion Brex deal, quarterly profit rises on interest income boost
By Pritam Biswas Jan 22 (Reuters) - Capital One Financial said on Thursday it will acquire fintech firm Brex in a cash and ...
Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday.
McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to acquire fintech company Brex in a $5.15 billion stock and cash deal.
Alongside the Warner Bros. Discovery bidding war and a new JPMorgan Chase advisory group, Capital One’s latest money move may be a sign of things to come.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Citi serves as senior lender for the credit facility, joined by TPG ...
A fledgling fintech startup is today lifting the lid on a new credit card product specifically for startups, along with the announcement of $57 million in funding from some major figures in the ...
Capital One has agreed to acquire fintech firm Brex for $5.15 billion, marking the biggest bank-fintech deal yet and signaling major consolidation in business payments.
Capital One’s $5.15 billion acquisition of Brex highlights fintech consolidation, banking convergence and the future of ...
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