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.
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 ...
Brex reports that U.S. businesses can deduct credit card interest on legitimate expenses, unlike personal card interest, ...
Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday.
Capital One Financial Corp. said today it’s going to buy the financial services and payments startup Brex Inc. in a deal valued at $5.15 billion, the latest blockbuster acquisition under its Chief ...
Banking giant Capital One announced on Thursday that it is acquiring fintech startup Brex for $5.15 billion in a cash and ...