Lola Exits Travel With Acquisition by Capital One

Photo Credit: Lola CEO Mike Volpe, left, with founder and CTO Paul English. Capital One is taking on most of Lola's employees as well its software. Lola
Skift Take
After buying Freebird and onboarding Hopper as its travel platform for credit card members, Capital One is building up a significant travel portfolio with this latest acquisition.
Corporate travel booking and expense app Lola has closed down, with banking company Capital One acquiring most of its employees and software, according to local media.
The winding down follows Lola's split from American Express Global Business Travel last month, at which point the startup said it wa