Capital One is acquiring Discover in a deal worth $35 billion

The companies are teaming up, in part, to expand their payment network. Discover is the smallest of the four U.S.-based payment networks, which also include Visa, American Express and Mastercard.

  Technology   Feb 20, 2024   0  Add to Reading List
Capital One is acquiring Discover in a deal worth $35 billion
The logo for Capital One Financial is displayed above a trading post on the floor of the New York Stock Exchange, July 30, 2019. Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation

The companies are teaming up, in part, to expand their payment network. Discover is the smallest of the four U.S.-based payment networks, which also include Visa, American Express and Mastercard.

(Image credit: Richard Drew)

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