Companies

Capital One to Acquire Brex in $5 Billion Deal

The deal is expected to close by mid-2026.
Capital One to Acquire Brex in $5 Billion Deal
A Capital One bank sign in Levittown, N.Y. Bruce Bennett/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Capital One Financial Corporation, a technology-based financial services firm, announced plans to acquire Brex, an AI-native software platform, in a $5.15 billion stock and cash transaction deal.

“Since our founding, we set out to build a payments company at the frontier of the technology revolution,” Richard D. Fairbank, Capital One founder, chairman, and CEO, said in a Jan. 22 statement.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.