Hassan Maishera
TL;DR
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Capital One has agreed to acquire fintech startup Brex for $5.15 billion in a cash-and-stock deal.
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The acquisition will fold Brex into Capital One’s commercial banking and payments business.
Capital One to Acquire Brex in a Stock Plus Cash Deal
Capital One Financial Corp. has agreed to acquire fintech startup Brex in a deal valued at $5.15 billion. This latest acquisition is set to expand Capital One’s push into technology-driven corporate finance and payments.
Per the deal, Capital One will pay 50% in cash and 50% in stock for Brex. The acquisition would fold Brex into Capital One’s commercial banking and payments business.
Capital One founder and CEO Richard Fairbank stated that Brex has reshaped how fast-growing companies manage their finances.
Brex has been around since 2017 and has become popular for offering corporate cards and cash management tools tailored to startups and technology companies. It also serves larger enterprises.
The fintech startup combines payments, expense management, and banking services, positioning the company at the intersection of fintech and enterprise software.
This latest development comes as Brex is expanding its services into the crypto ecosystem. In September 2025, the firm announced plans to launch native stablecoin payments.
Brex added that it would become the first global corporate card platform to enable instant balance payments using stablecoins.
In the announcement, Brex CEO Pedro Franceschi stated that,
“Stablecoins make it possible to move millions of dollars across borders in seconds.”
Brex aims to give companies a single, secure platform to manage critical payments. Several crypto and blockchain-focused firms, including Figure, Solana, and Alchemy, joined the waitlist for the stablecoin product.
