Capital One Acquires Brex for $5.15B in Cash-Stock Deal

Capital One Financial Corp. has agreed to acquire fintech startup Brex for $5.15 billion, with a split payment of 50% cash and 50% stock. This deal highlights the significant valuation reset in the industry. Brex, previously valued at $12.3 billion, will now join Capital One, reshaping the fintech landscape. For more on this acquisition, read on.