Capital One to Acquire Brex - Capital One
AI Summary1 min read
TL;DR
Capital One has agreed to acquire fintech startup Brex for $5.15 billion, a deal that boosts its quarterly profit through increased interest income and represents a discount from Brex's peak valuation.
Tags
Capital OneBrexacquisitionfintechcredit card
- Capital One to Acquire Brex Capital One
- Capital One strikes $5.15 billion Brex deal, quarterly profit rises on interest income boost Reuters
- Exclusive | Capital One Strikes $5.15 Billion Deal for Fintech Brex The Wall Street Journal
- Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal CNBC
- Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank TechCrunch