Reading up on Brex
4 deep · digging since jan 19
- Capital One to acquire Brex for $5.15B
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.
- 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.