Capital One paired its fourth-quarter earnings report Thursday (Jan. 22) with the announcement of its acquisition of Brex, positioning the deal as a structural move deeper into business banking and payments. The deal, CEO Richard Fairbank told analysts on the earnings call, expands Capital One’s...
Capital One plans to acquire expense management platform Brex for $5.15 billion. The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release. Richard D. Fairbank, founder, chairman and CEO of Capital One, said in the release that the...
Fifth Third Bank and Brex have partnered on a commercial card that will enable the bank’s commercial banking clients to access Brex’s intelligent finance platform. With access to the platform and the Fifth Third Commercial Card powered by Brex, these clients will be able to...
Intelligent finance platform Brex will power Oracle B2B, the global, embedded B2B payments solution in Oracle Fusion Cloud Enterprise Resource Planning (ERP). This collaboration will enable the companies’ joint customers to select Brex virtual cards within the Oracle Fusion Cloud ERP’s payables workflows, the companies...
January 23, 2026
Capital One’s acquisition of Brex, announced Thursday (Jan. 22), signals that the economics and mechanics of commercial card issuance are changing. As commercial cards move beyond travel and entertainment into core payables, procurement and supplier payments, the burden of running modern card programs for smaller issuers has grown heavier. In essence, Capital One is buying […]
January 22, 2026
Capital One paired its fourth-quarter earnings report Thursday (Jan. 22) with the announcement of its acquisition of Brex, positioning the deal as a structural move deeper into business banking and...
August 23, 2023
Business-to-business (B2B) transactions remain mired in a paper-based world where finance teams have their hands full. Quite literally — after all, paper checks and physical invoices won’t send themselves. That’s...
June 29, 2022
Digital services became table stakes for financial institutions (FIs) of all types when the pandemic shut down thousands of physical branches and forced countless more to reduce hours. The added...
January 22, 2026
Capital One plans to acquire expense management platform Brex for $5.15 billion. The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release. Richard D. Fairbank, founder, chairman and CEO of Capital One, said in the release that the acquisition will accelerate the bank’s longstanding efforts to be “at the […]
December 09, 2025
Fifth Third Bank and Brex have partnered on a commercial card that will enable the bank’s commercial banking clients to access Brex’s intelligent finance platform. With access to the platform...
October 15, 2025
Intelligent finance platform Brex will power Oracle B2B, the global, embedded B2B payments solution in Oracle Fusion Cloud Enterprise Resource Planning (ERP). This collaboration will enable the companies’ joint customers...
September 30, 2025
Brex plans to add stablecoin payments to its global corporate card, enabling cardholders to send and receive these payments. This feature will allow cardholders with a Brex business account to...
