--- title: Capital One acquires Brex for steep discount to its peak... description: Capital One acquired Brex for $5.15 billion, less than half its 2022 peak valuation of $12.3 billion. While later investors face losses, early backers like... canonical: https://daily.dev/posts/capital-one-acquires-brex-for-steep-discount-to-its-peak-valuation-but-early-believers-are-laughing-r1kqzar8h twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank | daily.dev og:description: Capital One acquired Brex for $5.15 billion, less than half its 2022 peak valuation of $12.3 billion. While later investors face losses, early backers like... og:url: https://daily.dev/posts/capital-one-acquires-brex-for-steep-discount-to-its-peak-valuation-but-early-believers-are-laughing-r1kqzar8h og:image: https://api.daily.dev/og/posts/R1KQZaR8h.png og:image:alt: Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank **[TechCrunch](https://daily.dev/sources/tc)** · 6 min read · 0 upvotes · 0 comments ## Summary Capital One acquired Brex for $5.15 billion, less than half its 2022 peak valuation of $12.3 billion. While later investors face losses, early backers like Ribbit Capital achieved roughly 700x returns from their $7 million Series A. The acquisition gives Capital One access to Brex's corporate client base, EU banking license, and $13 billion in deposits. Brex pivoted from serving SMBs to enterprise clients in 2022, stabilizing its business model despite competitor Ramp reaching a $32 billion valuation through aggressive fundraising. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Capital One to Acquire Brex](https://daily.dev/posts/capital-one-to-acquire-brex-vmlsuwrqe) · Tech Lead Digest · 0 upvotes · 0 comments - [Current Series E values the neobank below its 2021 peak](https://daily.dev/posts/current-series-e-values-the-neobank-below-its-2021-peak-pylgb0ylk) · The Next Web · 0 upvotes · 0 comments --- Tags: [#fintech](https://daily.dev/tags/fintech), [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/capital-one-acquires-brex-for-steep-discount-to-its-peak-valuation-but-early-believers-are-laughing-r1kqzar8h) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank","url":"https://daily.dev/posts/capital-one-acquires-brex-for-steep-discount-to-its-peak-valuation-but-early-believers-are-laughing-r1kqzar8h","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/capital-one-acquires-brex-for-steep-discount-to-its-peak-valuation-but-early-believers-are-laughing-r1kqzar8h"},"datePublished":"2026-01-22T23:51:31.497Z","dateModified":"2026-03-15T02:23:47.938Z","description":"Capital One acquired Brex for $5.15 billion, less than half its 2022 peak valuation of $12.3 billion. 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