Checked May 20 2026
Brex
Brex sells corporate cards, expense management software, and business banking to startups and enterprises, now operating as a Capital One subsidiary.
Source mix9 reported5 company8 data vendor
Evidence notes
Who uses it: Finance teams and founders at growth-stage startups and mid-market enterprises; originally startup-only, pivoted away from SMBs in 2022 to focus on larger accounts.[1]+3Reported
Public signals: Brex and Fintua: Automated VAT reclaim for global enterprises[11]Company-authored
Financing: Total raised is $1,700,000,000.[1]
Source ledger
- [1]Capital One To Buy Fintech Startup Brex At Less Than Half Its Peak Valuation In $5.15B Deal
- [2]Capital One nabs Brex for $5.15B | Payments Dive
- [3]Brex just signed a term sheet for $300M at a $12.3B valuation | TechCrunch
- [4]Capital One buys startup Brex for $5.15 billion in firm's latest deal
- [5]Capital One to Acquire Brex | Capital One Financial Corp.