# Capital One

> Capital One is a founder-led, technology-based financial services company spanning credit cards, consumer deposits, auto lending, commercial banking, rewards, travel, shopping, business payments and the Discover payment network. Its original advantage was using data to tailor credit offers; its modern wager is that a bank built on cloud software, proprietary underwriting and a large deposit base can control more of the customer and merchant experience than a conventional lender.

- **Founded:** 1994
- **Headquarters:** McLean, United States
- **Founders:** Richard D. Fairbank (Co-founder, Chairman and CEO), Nigel W. Morris (Co-founder and former President and COO)
- **Team size:** Approximately 76,300 employees worldwide as of December 31, 2025
- **Products:** Credit cards, 360 Banking, Auto Navigator and auto finance, CreditWise, Capital One Shopping
- **Notable:** Grew from a 1994 credit-card spinout into one of the ten largest U.S. banks., Became the first major U.S. bank to report exiting legacy data centers and operating fully in the public cloud in 2020., Eliminated consumer overdraft fees in 2021; the company says customers had avoided more than $500 million in potential fees by the time it announced its Discover-related community plan.

## Products & services

- **Credit cards** — Consumer, student and business cards spanning cash-back, travel, credit-building and premium rewards products.
- **360 Banking** — Digital checking, savings, CDs, teen and children's accounts with no account maintenance fees or minimum balance requirements on core products.
- **Auto Navigator and auto finance** — Vehicle search, pre-qualification, payment tools and financing through participating dealers.
- **CreditWise** — Free credit score monitoring, alerts and credit education available even to people who are not Capital One customers.
- **Capital One Shopping** — A browser extension and shopping service that searches for coupons, compares prices and offers shopping rewards.
- **Capital One Travel** — Travel booking, rewards redemption, price features, trip tools and airport lounge experiences; a dedicated app launched in 2026.
- **Capital One Entertainment and Dining** — Ticket access, event experiences and restaurant reservations tied to eligible cardholder benefits and rewards.
- **Commercial banking** — Lending, treasury management, capital markets, commercial real estate and industry-specific financial services.
- **Discover Global Network** — Discover, PULSE and Diners Club International payment-network capabilities acquired with Discover Financial Services.
- **Brex** — Corporate cards, expense management, real-time payments and AI-assisted finance workflows for businesses.

## Achievements

- Grew from a 1994 credit-card spinout into one of the ten largest U.S. banks.
- Became the first major U.S. bank to report exiting legacy data centers and operating fully in the public cloud in 2020.
- Eliminated consumer overdraft fees in 2021; the company says customers had avoided more than $500 million in potential fees by the time it announced its Discover-related community plan.
- Completed the acquisition of Discover in May 2025, adding Discover, PULSE and Diners Club International network assets.
- Reported $669.0 billion in total assets and $475.8 billion in deposits at the end of 2025.
- Completed the $5.15 billion acquisition of Brex in April 2026.
- Ranked No. 33 on Fortune's 100 Best Companies to Work For list in 2026, its 15th consecutive appearance.
- Capital One Travel booking volume grew more than tenfold from its 2021 debut through the travel-app announcement in 2026.

## Latest updates

- **2026-07** — Reported second-quarter net income of $3.0 billion on $15.9 billion in quarterly net revenue; period-end deposits were $484.3 billion, and management said Discover integration was progressing well.
- **2026-07** — Capital One's open-source organization released and highlighted new AI and developer tooling, including VulnHunter and Context Specs.
- **2026-06** — Published the first interim progress report for its five-year, $265 billion Community Benefits Plan.
- **2026-05** — Expanded its partnership with Inclusiv, including a $7 million investment to broaden access to affordable financial services and vehicle ownership.
- **2026-04** — Completed its acquisition of Brex, adding AI-native spend management, corporate cards and real-time business payments.
- **2026-03** — Launched the Capital One Travel App and announced that travel booking volumes had increased more than tenfold since the platform debuted in 2021.

## Links

- Website: https://www.capitalone.com/
- LinkedIn: https://www.linkedin.com/company/capital-one/
- Twitter/X: https://twitter.com/capitalone/
- GitHub: https://github.com/capitalone
- YouTube: https://www.youtube.com/user/capitalone/
- Instagram: https://www.instagram.com/capitalone/
- Facebook: https://www.facebook.com/capitalone/

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Profile page: https://yespress.io/capital-one
Published by YesPress — https://yespress.io
Last updated: 2026-08-14