Acquisition Timeline
Track all major milestones in the Capital One acquisition of Brex.
2017
Brex Founded
Henrique Dubugras and Pedro Franceschi found Brex, initially as a VR startup before pivoting to corporate cards.
2018-2022
Rapid Growth
Brex raises multiple funding rounds, reaching a valuation of $12.3 billion at its peak in 2022.
January 2025
Acquisition Announced
Capital One announces its intention to acquire Brex, pending regulatory approval.
Q1 2025
Regulatory Review
The deal is currently under review by federal regulators.
Q2 2025 (Expected)
Deal Closing
Expected closing date, subject to regulatory approval.
TBD
Integration
Post-acquisition integration of Brex products into Capital One's ecosystem.