devhealthylife1@gmail.com

Capital One is buying startup Brex for .15 billion in credit card firm’s latest deal

Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brex. Shares of…

Read More