TechFlow News, January 23: According to CoinDesk, U.S. financial giant Capital One has agreed to acquire fintech startup Brex for $5.15 billion, with the transaction to be paid 50% in cash and 50% in stock.
Brex, founded in 2017, primarily provides corporate credit cards and cash management tools to startups and large enterprises. In September 2025, the company announced plans to launch native stablecoin payment functionality, aiming to become the first global corporate card platform supporting instant balance payments using stablecoins.
This acquisition will establish Capital One’s foothold in emerging payment technologies while integrating Brex into the mainstream banking system. Several blockchain companies—including Figure, Solana, and Alchemy—have already joined Brex’s stablecoin product waitlist.
Upon completion of the acquisition, Brex will be integrated into Capital One’s commercial banking and payments business.
