Capital One to acquire Brex for $5.15bn.

Capital One Financial Corporation, a technology-based financial services company, agreed to acquire Brex, an intelligent finance platform, for $5.15bn. ”Since our founding, we set out to build a payments company at the frontier of the technology revolution. Acquiring Brex accelerates this journey, especially in the business payments marketplace,” Richard D. Fairbank, Capital One Founder, Chairman, and Chief Executive Officer.