CapOne To Acquire Brex and other Digital Transactions News briefs from 1/23/26
Digital Transactions News staff
January 23, 2026
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Issuing/Originating, Mobile Commerce, Point-of-sale, Real-time Payments, Transaction Processing
- Capital One Financial Corp. said it will acquire Brex Inc., a San Francisco-based specialist in corporate cards and expense-management software, for $5.15 billion in stock and cash. Brex founder and chief executive Pedro Franceschi will continue in that role. The deal is expected to close by mid-year.
- Visa Inc. said it will offer crypto-to-fiat conversions through its Visa Direct service as a result of a new agreement with Mercuryo, a cryptocurrency-technology provider.
- Cross-border payments specialist TransFi Inc. launched TransFi Checkout, which enables local payment methods as well as payments in cryptocurrency through a single service. The company is offering no processing fees on the first 100 transactions as an inducement for adoption.
- The stablecoin USDC on the Algorand blockchain can be accessed through the Kraken exchange and the Krak mobile app, widening access to the coin and potentially increasing adoption of Algorand, Kraken said.
- The payments consultancy TSG, formerly known as The Strawhecker Group, launched its Executive Dashboard, a view into merchant-portfolio performance and trends. TSG says the dashboard is an enhancement of its existing Acquiring Industry Metrics platform.
- Checkout provider Bolt Financial Inc. said it will work with game-developer Playfinity to process payments and provide identity technology.
- Corporate-payments platform Corpay Inc. has appointed David Bunch to its board of directors, with immediate effect. London-based Bunch is group executive vice president for mobility and convenience at Shell PLC.
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