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, ...

A recent Bloomberg report reveals that Bank of America and Citigroup may have come up with a solution. The two banks are ...

Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday. That is a far cry from Brex’s last valuation of $12 billion during a 2022 ...

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.

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.

Capital One has announced its intention to acquire native-AI platform Brex in a combination of stock and cash valued at ...

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 has announced that it’s purchasing financial services and technology company Brex in a transaction that will include both stock and cash and has a value of $5.15 billion. The acquisition ...