Capital One to Acquire Fintech Startup Brex for $5.15 Billion

2026-01-23 00:22:18

Source: CryptoNewsNet Original Title: Capital One agrees to acquire credit card, stablecoin payment enabler Brex Original Link: Capital One Financial Corp. has agreed to acquire fintech startup Brex in a deal valued at $5.15 billion, expanding the bank’s push into technology-driven corporate finance and payments.

Under the terms of the agreement, Capital One will pay 50% in cash and 50% in stock for Brex. The acquisition would fold one of Silicon Valley’s best-known financial technology firms into Capital One’s commercial banking and payments business.

Capital One founder and CEO Richard Fairbank said in a statement that Brex has reshaped how fast-growing companies manage their finances.

Founded in 2017, Brex built its reputation by offering corporate cards and cash management tools tailored to startups and technology companies, later expanding to serve larger enterprises. Its platform combines payments, expense management, and banking services, positioning the company at the intersection of fintech and enterprise software.

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