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, ...
In a press release from September, Brex said it was planning to launch native stablecoin payments as part of its business.
Founders who started 2-3 years later (2020-2021) are now facing a much harder path: higher customer acquisition costs, more ...
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 ...
The deal gives the credit-card issuer access to technology used by thousands of companies for corporate credit cards.
6don MSN
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 ...
The McLean, Virginia-based bank plans to close the deal in mid-2026, about a year after it sealed its landmark purchase of ...
Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday.
Brex reports that U.S. businesses can deduct credit card interest on legitimate expenses, unlike personal card interest, ...
The deal, expected to close in mid-2026, lets the bank absorb a fintech player that specializes in corporate cards, payments and expense-management tools.
Capital One Financial Corporation’s COF credit card business stands out as a core earnings engine, underpinned by its scale, ...
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