PANews
PANews|1月 23, 2026 01:51
[Capital One Plans $5.15 Billion Acquisition of Fintech Company Brex] Technology-driven financial services company Capital One has agreed to acquire fintech company Brex in a cash + stock deal (50% each), with a transaction valuation of $5.15 billion, integrating it into its commercial banking and payment business. The transaction is expected to be completed by mid-2026, with Franceschi continuing to oversee Brex's integration into Capital One's commercial banking and payment business. Brex had previously announced plans to launch a native stablecoin instant payment feature.
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