Capital One Acquires Brex

Your source for the latest news on the landmark fintech acquisition

Key Facts

The Acquirer

Capital One - One of the largest banks in the United States, known for its digital-first approach to banking.

The Target

Brex - A fintech startup offering corporate cards and spend management software for businesses.

Founded

Brex was founded in 2017 by Henrique Dubugras and Pedro Franceschi.

Status

Deal announced, pending regulatory approval. Expected to close in Q2 2025.