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
That's what you call going out with a whimper.Hugh Son /CNBC:Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal
Source: Greenoaks, one of Brex's top investors, will return twice its investment after Capital One's Brex acquisition for $5.15B in a half-cash, half-stock deal
Brex's $5.15 billion agreement to sell to Capital One isn't the kind of exit employees or investors would have dreamed of four years ago …
Source: Greenoaks, one of Brex's top investors, will return twice its investment after Capital One's Brex acquisition for $5.15B in a half-cash, half-stock deal
Brex's $5.15 billion agreement to sell to Capital One isn't the kind of exit employees or investors would have dreamed of four years ago …
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
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
Brex, valued at $12.3B in January 2022, lays off 136, or 11% of its staff, as part of a restructuring, and its CFO departs to join HR software startup Rippling
Brex says it will no longer work with SMBs that do not have venture funding and will shut down “tens of thousands” of accounts after August 15
Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning …
Brex says it will no longer work with SMBs that do not have venture funding and will shut down “tens of thousands” of accounts after August 15
Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning …
Brex acquires Pry Financials, a financial planning software startup with ~10 employees, for $90M; Pry raised a $4.2M seed in August 2021 from YC and others
Mary Ann Azevedo / TechCrunch :
Brex, which offers credit cards tailored to startups, acquires Weav, a developer of a universal API for commerce platforms, for $50M
Fintech Brex first partnered with Weav, a developer of a universal API for commerce platforms, last summer. — In March, Brex launched Instant Payouts …