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Why Capital One’s $5 Billion Acquisition Of Fintech Brex Could Be Another Masterstroke For Billionaire Richard Fairbank
Corporate credit cards may seem mundane, but adding Brex to Capital One’s credit card platform, which now includes Discover, and applying its technology-first approach creates big opportunities for the Virginia-based bank.
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cnbc.com
Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal
Its the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, who acquired rival card firm Discover Financial last year.
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forbes.com
Capital One Acquires Brex: A $5 Billion Bargain Or Mistake?
Capital One announced it’s acquiring small business banking fintech Brex for $5.15 billion. Is it a good deal? There are pros and cons from both firms' perspectives.
