Why Capital One’s $5 Billion Acquisition Of Fintech Brex Could Be Another Masterstroke For Billionaire Richard Fairbank

Corporate credit cards may seem mundane, but adding Brex to Capital One’s credit card platform, which now includes Discover, ...

Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank

Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.
Crunchbase News

Capital One To Buy Fintech Startup Brex At Less Than Half Its Peak Valuation In $5.15B Deal

Banking giant Capital One announced on Thursday that it is acquiring fintech startup Brex for $5.15 billion in a cash and ...
Seeking Alpha

Uber for Business Modernizes Expense Management Through Integrations with Brex and Ramp

SAN FRANCISCO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Uber (UBER) for Business, Uber's enterprise arm, today announced it has integrated with leading expense management providers Brex and Ramp. The ...
The Information

Capital One Agrees to Buy Brex for $5 Billion, a Discount to Last Private Valuation

Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday.
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Exclusive: Fintech startup Ramp hits $1 billion in annualized revenue after notching $22.5 billion valuation

Ramp ended its red-hot summer with one more coup. The six-year-old fintech startup hit $1 billion in annualized revenue as of the end of August, according to a person familiar with the company’s ...
AOL

An inside look at Ramp’s eye-popping $22.5 billion valuation

Software companies designed to reduce the drudgery of back-office tasks don’t tend to become household names. Somehow, Ramp is defying the odds. The six-year-old fintech startup has generated an ...