Capital One to Acquire Fintech Startup Brex for $5.15 Billion

Capital One has agreed to acquire fintech startup Brex for $5.15 billion, according to CoinDesk. According to ChainCatcher, the transaction will be settled with a mix of 50% cash and 50% stock. Founded in 2017, Brex provides corporate credit cards and cash management tools to startups and large enterprises. In September 2025, the company announced plans to introduce a native stablecoin payment feature, aiming to become the first global corporate card platform to support instant balance payments using stablecoins. This acquisition will allow Capital One to establish a foothold in the emerging payment technology sector while integrating Brex into the mainstream banking system. Several blockchain companies, including Figure, Solana, and Alchemy, have joined the waiting list for Brex's stablecoin product. Upon completion of the acquisition, Brex will be integrated into Capital One's commercial banking and payment operations.