Capital One to acquire Brex for $5.15B

kept by eddie jan 24

Capital One acquires fintech Brex for $5.15 billion, a significant discount from its $12.3 billion peak valuation in 2022.

Exclusive | Capital One Strikes $5.15 Billion Deal for Fintech Brex - WSJ
Capital One will acquire fintech Brex for $5.15 billion in cash and stock to gain its corporate credit-card and expense-management technology.
also on Capital One, Brex, #acquisitions, #fintech, #enterprise
That's not how email works
HSBC sends letters claiming emails are undelivered when their tracking pixels aren't loaded, despite the emails being delivered, highlighting flawed email tracking practices.
also on Capital One, #enterprise
Brex’s AI Hail Mary — With CTO James Reggio - by Allen Park
Brex's CTO describes how a 10-person AI team, agentic coding adoption, and company-wide AI fluency training fueled a turnaround to $500M+ ARR.
also on Brex, #fintech
CrabTrap: an LLM-as-a-judge HTTP proxy to secure agents in production (via @pedroh96)
Brex built CrabTrap, an LLM-powered HTTP proxy that monitors and judges AI agent network traffic to enforce usage policies in production environments.
also on Brex, #enterprise
Ramp Agent Cards
Ramp introduces Agent Cards, a CLI tool that enables agents to access and interact with structured card-based information.
also on Ramp, #fintech