Capital One buys startup Brex for $5.15 billion in firm’s latest deal

Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by the bank’s CEO, Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said the deal is made up of 50% cash and 50% […]