Capital One to Acquire Fintech Brex for $5.15 Billion: Report
According to reports, Capital One is set to acquire the fintech company Brex for $5.15 billion. The deal involves a startup-focused spend platform that incorporates artificial intelligence and stablecoin capabilities. The acquisition would bring these technologies and services from Brex into a major U.S. bank, marking a notable development in the integration of fintech solutions within traditional banking institutions.
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