Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank - TechCrunch
AI Summary1 min read
TL;DR
Capital One acquires fintech startup Brex for $5.15 billion, a deal that represents a discount from Brex's peak valuation but provides a profitable exit for early investors.
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Capital OneBrexacquisitionfintechvaluation
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