Capital One to Acquire Brex for $5.15 Billion

Reuters
Jan 23
Capital One to Acquire Brex for $5.15 Billion

Capital One Financial Corporation has entered into a definitive agreement to acquire Brex in a stock and cash transaction valued at $5.15 billion. Brex, known for its AI-native software platform that streamlines corporate card issuance, expense management, and real-time payments, will continue to be led by founder and CEO Pedro Franceschi following the completion of the deal. The acquisition aims to combine Brex’s expertise in payments and spend management with Capital One’s scale and underwriting capabilities, with the transaction expected to close in the middle of 2026, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital One Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260122016437) on January 22, 2026, and is solely responsible for the information contained therein.

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