Capital One to acquire AI-native software platform Brex for $5.15 billion, the largest bank–fintech deal in history

Brex and Capital One are announcing the largest bank-fintech deal in history for $5.15B, „joining forces to build the most important financial platform for businesses in the US”. Capital One Financial Corporation, the only major U.S. bank to migrate entirely to the public cloud, announced that it has entered into a definitive agreement to acquire Brex, in a […]