Capital One agrees to buy fintech Brex in $5.15 billion deal as earnings season accelerates

Capital One said it has entered a definitive agreement to acquire Brex for $5.15 billion in a mix of cash and stock, expanding the bank’s push further into fintech services for businesses.

The announcement landed alongside Capital One’s quarterly report, where the company posted results that edged above analyst expectations on earnings per share and revenue.

Investors are weighing whether the acquisition strengthens Capital One’s long-term product stack and customer base, or adds integration risk at a volatile moment for financial and tech markets.