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Amin Ayan

Capital One to Buy Stablecoin and Payments Firm Brex in $5.15 Billion Cash-and-Stock Deal

Capital One announced it will acquire fintech company Brex in a transaction valued at $5.15 billion, structured as a mix of cash and stock and expected to close in mid-2026 pending regulatory approval. The bank plans to integrate Brex's payments technology and stablecoin infrastructure to expand its business payments offering, while Brex CEO Pedro Franceschi is set to remain in charge after the acquisition.
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