Capital One invests $5.15 billion to acquire fintech startup Brex
According to CoinDesk, American financial giant Capital One has agreed to acquire fintech startup Brex for $5.15 billion, with the deal being paid 50% in cash and 50% in stock.Founded in 2017, Brex primarily provides corporate credit cards and cash management tools for startups and large enterprises. The company announced plans to launch a native stablecoin payment feature in September 2025, aiming to become the first global corporate card platform to support instant balance payments using stablecoins.This acquisition will give Capital One a foothold in the emerging payment technology sector while bringing Brex into the mainstream banking system. Several blockchain companies, including Figure, Solana, and Alchemy, have joined the waiting list for Brex's stablecoin product.After the acquisition is completed, Brex will be integrated into Capital One's commercial banking and payment business.
