Capital One agrees to acquire Brex, which specializes in tech to administer corporate credit cards, expenses, and rewards, for $5.15B in cash and stock

Deal would give credit-card issuer access to technology used by thousands of companies for corporate credit cards

Wall Street Journal 2026-01-23

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Brex Pedro Franceschi on x
Brex is joining forces with Capital One
@brexhq @brexhq on x
Today, we're excited to share that Brex and @CapitalOne are joining forces in the largest bank-fintech deal in history. This is an important milestone for Brex and a meaningful step forward for our customers. With Capital One's scale and resources behind us, we'll be able to
@eglyman Eric Glyman on x
Congrats to @pedroh96 and the Brex team on the acquisition. Major testament to what you and the team have built, and we have a lot of love for the leadership team at Capital One If you need any restaurant recommendations in McLean, I have many fond memories here [image]
@lulumeservey Lulu Cheng Meservey on x
Congratulations (to Ramp)! [image]
@ericnewcomer Eric Newcomer on x
i know another credit card startup ceo who sold his startup to capital one [image]
@hadickm Rob Hadick on x
Doesn't really matter what the details are here, great move by Capital One to future proof its business. Price makes it clear just how much Brex had fumbled its lead, however. [image]
@ericnewcomer Eric Newcomer on x
Capital One Agrees to Acquire Fintech Brex for $5.1 Billion https://www.bloomberg.com/...
@austin_rief Austin Rief on x
There is great irony in Ramp's biggest competitor (Brex) selling to Capital One — the company the Ramp founders sold their first company to, and where they decided to launch Ramp to compete with them.
@jbahrdestefano JC Bahr-de Stefano on x
Wow - fintech m&a absolutely white hot! Blockbuster deal as @CapitalOne buying @brexHQ for $5.15B (50% cash + 50% stock deal) Brex hit $12.3B val in Jan '22 ($300M Series D-2 led by Greenoaks & TCV) Post-peak, Brex really turned it around → cut workforce ~20%, reduced cash [image…
@victoralazarte Victor Lazarte on x
Today, Capital One is acquiring Brex for $5.15B, the largest bank-fintech acquisition ever. Great CEOs build great companies. What most people don't know is that by age 29, Pedro had built two different companies, each generating $500M+ in revenue, with his partner
@darian314 Darian Shirazi on x
not a bad off-Ramp https://www.wsj.com/...
@jessetinsley Jesse Tinsley on x
🚨Fintech Acquisition alert🚨 Capital One is buying Brex for $5.15 Billion dollars. In my opinion they are likely not just buying them for revenue but the data into SMB business credit worthiness. Which is a core component for an AI future. Great deal a true win for everyone!
@immad @immad on x
Congrats to @pedroh96 and Brex team on the $5bn acquisition by Capital One. I am excited for their Brexit.
Brex Pedro Franceschi on x
Brex is joining forces with Capital One

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Capital One agrees to acquire Brex, which specializes in tech to administer corporate credit cards, expenses, and rewards, for $5.15B in cash and stock

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