Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal

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Brex co-founders Pedro Franceschi and Henrique Dubugras.

Brex

Capital One said Thursday that it was acquiring startup Brex for $5.15 billion.

The recognition paper lender said it would wage for the company, known arsenic a startup that lends to different startups, for 50% currency and 50% stock.

Shares of the slope fell astir 4% aft the news.

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