regulatory approval
Capital One Bets $5B on Brex for Business Banking Innovation
Capital One (NYSE: COF) announced Thursday that it will acquire San Francisco-based fintech firm Brex in a $5.15 billion stock-and-cash deal. The acquisition strengthens Capital One’s position in business payments and expense management, areas where software-driven finance platforms have been gaining ground. Strategic RationaleThe acquisition brings Brex, a fast-growing fintech startup, into one of the…
