Original Content
The deal, expected to close in mid-2026, lets the bank absorb a fintech player that specializes in corporate cards, payments and expense-management tools.
Capital One nabs Brex for $5.15B
AI Summary
Capital One acquires Brex for $5.15 billion; expected closing in mid-2026, focusing on corporate cards and expense management tools.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. It is focused on a business acquisition between financial institutions.