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Capital One acquires Brex Inc. to expand fintech reach

PUBLIC · COFApr 08, 2026

Acquiring Company

Capital One

Acquired Company

Brex

McleanSan FranciscoFinancial ServicesEducationFinanceFintechLendingBankingNon ProfitE LearningEdtechLanguage Learning

Description

On April 7, 2026, Capital One Financial Corporation completed its acquisition of Brex Inc. This strategic acquisition aims to bolster Capital One's position in the business banking and fintech sectors, leveraging Brex's innovative technology and customer base. The integration is expected to enhance Capital One's competitive edge and growth prospects.

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Company Information

Company

Capital One

Location

Mclean, Virginia, United States

About

Khan Academy’s mission is to provide a free, world-class education to anyone, anywhere. It partners with more than 500 school districts and schools in the U.S. and has more than 160 million registered users worldwide. The academy’s lessons are available in more than 50 languages. The academy was founded by Khan, an MIT and Harvard Business School graduate who spent years tutoring in his spare time before launching the nonprofit in 2008. Khan Academy offers free lessons in math, science, and humanities, as well as offering tools for parents, teachers, and school districts to track student progress. The academy is piloting an AI guide called Khanmigo that is a tutor and teaching assistant. The academy said its learning system is “mastery based,” allowing students to master key concepts at a pace that’s right for them while staying at grade level. Yajnik is the former treasurer of NAF, a national network of education, business, and community leaders who work together to ensure high school students are college-, career-, and future-ready.

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Frequently asked

Who acquired Brex?

Brex was acquired by Capital One, based in Mclean. The deal was reported on April 8, 2026. Khan Academy’s mission is to provide a free, world-class education to anyone, anywhere. It partners with more than 500 school districts and schools in the U.S. and has more than 160 million registered users worldwide. Capital One is publicly traded (COF) and operates in Financial Services.

When did Capital One acquire Brex?

Capital One's acquisition of Brex was reported on April 8, 2026. On April 7, 2026, Capital One Financial Corporation completed its acquisition of Brex Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Brex do?

Brex is a powerful financial stack designed to serve the next generation of growing businesses. It is privately held, and is based in San Francisco.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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