COF to Take Full Control of Travel Platform With Hopper Tech Deal
Key Takeaways Capital One will acquire Hopper's tech, talent and supplier ties to take control of its travel platform.COF plans direct supplier links and a standalone travel app to enhance booking and user experience.Hopper will keep supplying fintech tools but lose a key revenue stream as its largest partner exits.Capital One Financial Corporation (COF) is reshaping its travel business by striking a deal with Hopper to acquire the underlying technology, supplier ties and around 150 employees who helped bui ...