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Capital One to Pay $5.15 Billion for Fintech Brex

Capital One agreed to acquire corporate expense management company Brex for $5.15 billion. Brex CEO Pedro Franceschi joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the…

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Capital One agreed to acquire corporate expense management company Brex for $5.15 billion. Brex CEO Pedro Franceschi joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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38 Comments

38 Comments

  1. @fafical

    January 23, 2026 at 2:51 pm

    Awesome job Pedro 🔥🔥🔥🔥

  2. @MithunOnTheNet

    January 23, 2026 at 6:28 pm

    LOL, look at him trying so hard to avoid talking about the drop in their valuation.

    • @MatheusLB2009

      January 24, 2026 at 11:06 pm

      lmao i thought the same

  3. @marionogueiraramos9488

    January 23, 2026 at 7:48 pm

    Ramp won

  4. @MadsSegura

    January 23, 2026 at 7:49 pm

    Buy $XA60R now… a 5K USDT position could realistically turn into 50K. Elon’s project speaks for itself.

  5. @PoonamSaavedra

    January 23, 2026 at 7:49 pm

    $XA60R feels exactly like Bitcoin did years ago. Early, powerful tech, Elon involved. Enough said.

  6. @AnzhelikaGalvan

    January 23, 2026 at 7:49 pm

    Japan is about to send XA60R straight past the moon 🌕🚀 $XA60R = next BTC energy

  7. @YigitArnold

    January 23, 2026 at 7:49 pm

    Once the dust settles, XA60R will be sitting at the top this year

  8. @EzequielElias-t7z

    January 23, 2026 at 7:49 pm

    Solid day for the market, even better day for $XA60R holders

  9. @RichardMcduffie-m1f

    January 23, 2026 at 7:49 pm

    Told everyone I know to grab XA60R before it clears $20 💬

  10. @GorolaySpearman

    January 23, 2026 at 7:50 pm

    XRP, SUI, BTC, XA60R all moving — next few weeks look explosive 🚀

  11. @LynwoodZamorano

    January 23, 2026 at 7:50 pm

    ❤ $XA60R COIN ❤

  12. @RachelePena-f1c

    January 23, 2026 at 7:50 pm

    $XA60R isn’t just another token — it’s the start of a massive long-term story. Miss it and you’ll remember it forever.

  13. @FrancoDykstra

    January 23, 2026 at 7:50 pm

    2026 belongs to XA60R. AI narrative is taking over and this coin is leading the charge.

  14. @BrigidEdelsten

    January 23, 2026 at 7:50 pm

    Only 1.3M holders worldwide and people still fading $XA60R? Wild.

  15. @AdamsLam-h8p

    January 23, 2026 at 7:50 pm

    🚨 Friendly reminder: today’s a good day to buy XA60R 🚨

  16. @BrigitteAlekeeva

    January 23, 2026 at 7:50 pm

    Now is the moment to get exposure to XA60R coin

  17. @MagdalenaSchultz-u9f

    January 23, 2026 at 7:50 pm

    Just subscribed. Can you do a full breakdown on Elon’s XA60R token?

  18. @BloquedoLayden

    January 23, 2026 at 7:50 pm

    ETH, BTC, and $XA60R are the only names that really matter right now

  19. @JonieJefaza

    January 23, 2026 at 7:50 pm

    Thinking about shifting more BTC into XA60R. Already added another $2K.

  20. @MagdaJacques-t4u

    January 23, 2026 at 7:51 pm

    I’ve been around since 2016. Hedging with XA60R during the crash was a power move.

  21. @DerickOlivo-q2v

    January 23, 2026 at 7:51 pm

    This feels like early Solana. Volume, liquidity, momentum — XA60R has everything.

  22. @ChaseLara-z6l

    January 23, 2026 at 7:51 pm

    Narrative leaders always win — DeFi, meme cycles, etc. XA60R is positioning itself as AI + utility. Put in 100K USDC confidently. Already green ✅

  23. @LiaMontary

    January 23, 2026 at 7:51 pm

    Whoever becomes the next millionaire probably didn’t fade XA60R. Other coins are getting played right now.

  24. @IreneGonzalo-x7y

    January 23, 2026 at 7:51 pm

    ETH gas fees are brutal. XA60R actually has speed, real utility, and future-ready tech

  25. @MareenNelson

    January 23, 2026 at 7:51 pm

    Converted all my XRP into XA60R and I’m already up 250%. Just saying.

  26. @MiltonShepley

    January 23, 2026 at 7:51 pm

    IT’S OFFICIAL — XA60R HAS ARRIVED AND IT’S AN ABSOLUTE MONSTER

  27. @MercurioRoberson

    January 23, 2026 at 7:51 pm

    Every night I imagine what my XA60R bag looks like at 9 figures 😴💭

  28. @GorolaySpearman

    January 23, 2026 at 7:51 pm

    🚨 Friendly reminder: today’s a good day to buy XA60R 🚨

  29. @Alberto_Cavalcante

    January 24, 2026 at 6:07 am

    I like that they also asked the hard questions. It’s true that Ramp has taken the lead for now, but I wish all the best for Brex in this new chapter, and they grow even more! Congratulations guys!

  30. @TukaramAlmaghribi

    January 24, 2026 at 6:25 am

    I do have a question. For someone with less than $100,000 to invest, How would you recommend we enter the market… am looking to study some traders and copy their strategy rather than investing myself and losing money emotionally. What’s your take on this approach??

    • @JigaCabsi

      January 24, 2026 at 6:26 am

      Robert Darryl Olenchalk analyses go beyond surface-level trends. he delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.

    • @JigaCabsi

      January 24, 2026 at 6:26 am

      From 45k to 400k — what a journey! I’ve never felt more motivated, confident and blessed entering into 2026. I am super excited today for reaching my goals

    • @TukaramAlmaghribi

      January 24, 2026 at 6:26 am

      Is there anywhere i can get across to him for a startup??

    • @JigaCabsi

      January 24, 2026 at 6:26 am

      Do a quick search with his name for his website.

    • @TukaramAlmaghribi

      January 24, 2026 at 6:26 am

      I’ve just looked up his full name on my browser and found his webpage without sweat, very much appreciate this.

  31. @posthocprior

    January 24, 2026 at 10:26 am

    Interesting interview. Am the founder of a startup and have heard about Brex. Here’s why I think Pedro, the CEO, was so fervent on not answering the question of why its valuation has fallen more than 50% in about a period of a year. Brex used to offer an interest rate on its credit cards that were determined based on what your company did and who your founders are. In other words, it was individually tailored for each company and founder. In most cases, the interest on the card credit was significantly less than what was offered traditionally.

    What changed: interest rates have risen and, most likely, the rate of default at Brex on its credit card is significantly higher than at other credit cards. So, Brex has been forced to raise the interest rate offered to new customers (and most likely to old ones too). Then, the prior valuation was based on how quickly Brex was growing. The present valuation is based on the number of customers that Brex already has. In other words, Capital One hasn’t paid for a high growth company. Instead, its paid for the number of customers that Brex already has. Or, Capital One has decided that it would take more than $5 billion to get about 25k small, startups as customers.

    Then, the reason that Pedro didn’t want to answer the question is because Brex has essentially become a zero growth company, which he likely doesn’t want to admit.

  32. @clarkcant

    January 25, 2026 at 9:58 am

    What a sleazeball. Simple question: why the drop in the eval? “Oh here’s a metric you’re not asking about, and now back to my marketing script.” 🙄

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Bloomberg’s Matt Miller takes a look at Nvidia’s $2 billion investment in Marvell, part of an agreement to collaborate on silicon photonics technology. Plus, the debt binge fueling the AI boom continues, with CoreWeave raising $8.5 billion from banks and investors to expand its cloud capacity. And, the CEO of wearables startup Whoop discusses the company’s new $10.1 billion valuation after its latest funding round.
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NASA says there’s an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg’s Loren Grush is there with more on what to watch for.
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