Photo Credit: Capital One
THE NEWS: Capital One CEO Richard Fairbank announced that the company now fully owns the Hopper technology acquired in April and will integrate about 150 former Hopper employees, marking the first public discussion of the deal with investors.
DETAILS:
WHY IT MATTERS:
Fairbank’s comments signal Capital One’s intent to expand its travel‑related financial services by leveraging in‑house technology and talent, potentially shaping how consumers book and pay for travel.
FAQ
What did Capital One’s CEO say about the Hopper acquisition?
Richard Fairbank said Capital One now fully owns the Hopper technology and its talent, and the company will focus on building out the platform after bringing the capabilities in‑house in April.
When was the Hopper deal first disclosed and what details were later revealed?
Skift first broke the story in November 2025, noting Capital One would buy Hopper’s travel‑software and hire key staff. In March 2026 Skift reported a payout to Hopper and that about 150 Hopper employees would join Capital One.
How many Hopper employees are expected to join Capital One?
Around 150 former Hopper employees are slated to transition to Capital One as part of the acquisition, according to the March 2026 Skift report.
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