Capital One Financial Aktie News

Capital One plans to acquire expense management platform Brex for $5.15 billion.  The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release.

There's a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the WSJ broke the news Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock (Capital One issued an official release confirming the details thirty minutes later), you could practically hear the collective snickering from Sand Hill Road to San Francisco's South Park.

MCLEAN, Va. & SAN FRANCISCO--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced that it has entered into a definitive agreement to acquire Brex, in a combination of stock and cash transaction valued at $5.15 billion. Brex is a modern, AI-native software platform offering intelligent finance solutions that make it easy for businesses to issue corporate cards, automate...

Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal

Capital One Financial will acquire fintech firm Brex in a cash and stock deal valued at $5.15 billion, the company said on Thursday.

MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced net income for the fourth quarter of 2025 of $2.1 billion, or $3.26 per diluted common share, compared with net income of $3.2 billion, or $4.83 per diluted common share in the third quarter of 2025, and with net income of $1.1 billion, or $2.67 per diluted common share in the fourth quarter of 2024. Adj...

The deal would give the credit-card issuer access to technology used by thousands of companies for corporate credit cards.

Bank of America's Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. That cap, proposed earlier this month by President Donald Trump, would slow consumer spending and limit credit availability, Moynihan said in a Thursday (Jan. 22) interview with Bloomberg Television.