Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank
There’s a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the WSJ broke the news Thursday…
Tag: Brex
Capital One agrees to acquire credit card, stablecoin payment enabler Brex
In a press release from September, Brex said it was planning to launch native stablecoin payments as part of its…
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 startup Brex for $5.15…
IPO hopeful Brex scored major win to sell in the EU, plans UK expansion
Financial services provider Brex on Thursday announced that it achieved a major milestone: it is now licensed in the European…
How Brex is keeping up with AI by embracing the ‘messiness’
Companies have struggled to adopt the right AI tools as the technology evolves at a far faster pace than their…
Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO
Brex has once again made the surprising, but perhaps realistic, decision to partner with another one-time competitor. This time Zip,…