so we we are are going to lean in and and provide the resources and capabilities to help Brex you know get even create even more value but along the way we're going to very rigorously measure to be sure that what we're investing in generates the value on the other side but what we see continues to you know validate our acquisition thesis and I want to say too having seen and hung around a lot of young companies over the years I continue to be amazed at the sophistication how this business is run and the and the opportunity to create value here thank you
Jul 29, 2026 / receipt
we're particularly leaning in to lift acceptance to a higher level in the places our customers go the most and not surprisingly we find that where do they travel the most they travel to mexico the caribbean canada the uk and those are the top four destinations we're particularly leaning in there to really move the needle uh and enhance acceptance there
Jul 29, 2026 / receipt / Richard Fairbank, CEO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 46022-46376 | segment 29
We acquired Brex because of its success in the attractive corporate card market and for its bottom of the tech stack infrastructure and its world-class talent.
Jul 29, 2026 / receipt / Richard Fairbank, CEO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 15616-15775 | segment 15
For travel business we will be focused on the hopper build out through the balance of this year.
Jul 29, 2026 / receipt / Richard Fairbank, CEO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 16858-16954 | segment 16
We expect that Brex will also bring many benefits to Capital One especially bringing Brex capabilities to our small business, card business.
Jul 29, 2026 / receipt / Richard Fairbank, CEO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 17023-17163 | segment 17
And then of course we continue to lean into our investment imperative including foundational technology, AI and the longer-term growth opportunities created by our technology transformation and of course you know Discover and Brex. So these investments are very important to the sustained growth and returns of the company over time.
Jul 29, 2026 / receipt / Rich, CFO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 25531-25864 | segment 25
so we we are are going to lean in and and provide the resources and capabilities to help Brex you know get even create even more value but along the way we're going to very rigorously measure to be sure that what we're investing in generates the value on the other side but what we see continues to you know validate our acquisition thesis and I want to say too having seen and hung around a lot of young companies over the years I continue to be amazed at the sophistication how this business is run and the and the opportunity to create value here thank you
Jul 29, 2026 / receipt / Rich, CFO | earnings call 2026-07-29 | transcript 0ed78b0a-800f-4354-8d50-d971c53cdb9e | chars 39652-40211 | segment 29
As we mentioned at the announcement, we will be leveraging Capital One assets and increasing investment levels to drive enhanced growth at Brex.
Apr 21, 2026 / receipt, needs a key / Richard Fairbank, CEO | earnings call 2026-04-21 | transcript 8cf5911b-639d-4f34-86e8-5d9d0ed3db51 | chars 12965-13109 | segment 13
For example, Brex's technology enables them to issue business credit cards in local currencies in over 50 countries.
Jan 22, 2026 / receipt, needs a key / Richard Fairbank, CEO | earnings call 2026-01-22 | transcript d48062d1-c307-422d-b0a8-52d799fa6913 | chars 20785-20901 | segment 21
It's a long journey to build acceptance all over the world, and along the way we are, to use a phrase we always use internally, we're sloping the work to put the highest emphasis on the places that Americans travel.
Jan 22, 2026 / receipt, needs a key / Rich, CEO | earnings call 2026-01-22 | transcript d48062d1-c307-422d-b0a8-52d799fa6913 | chars 29986-30201 | segment 30
The Brex team has amazing talent. They built a full modern tech stack from the bottom up, Their card and banking businesses run on an in-house, fully modern core. They're 100% in the cloud.
Jan 22, 2026 / receipt, needs a key / Richard Fairbank, CEO | earnings call 2026-01-22 | transcript d48062d1-c307-422d-b0a8-52d799fa6913 | chars 20057-20246 | segment 20
But I think they were pretty excited about the ability to have our brand. to open doors all over the place and not just open the doors, but also just, um, you know, for people to know that they're part of one of the biggest banks in America, the sophisticated marketing machine, the balance sheet of the bank, the, um, and the, the capacity to invest in sales and in marketing and engineering, uh, and AI, the, um, I think it really was an opportunity in their mind to accelerate the growth while still very much keeping the dream that is Brex alive.
Jan 22, 2026 / receipt, needs a key / Rich, CEO | earnings call 2026-01-22 | transcript d48062d1-c307-422d-b0a8-52d799fa6913 | chars 65136-65686 | segment 66
The We will lean in just in terms of sort of ongoing investment. We will lean into the growth opportunity for Brex.
Jan 22, 2026 / receipt, needs a key / Rich, CEO | earnings call 2026-01-22 | transcript d48062d1-c307-422d-b0a8-52d799fa6913 | chars 43135-43250 | segment 43
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| Andrew Young | Chief Financial Officer | receipt | |
| Christine Detrick | director | - | receipt |
| Ime Archibong | director | - | receipt |
| Rich (CEO) | CEO | - | receipt |
| Richard Fairbank | CEO | - | receipt |
| Suni P. Harford | director | - | receipt |
| 2024-02-29 | director, appointed | sec_8k |
| 2021-11-05 | director, appointed | sec_8k |
| 2021-03-02 | director, appointed | sec_8k |