Wapp Tech Limited Partnership et al. v. Capital One Services, LLC
Ongoing- Docket:
- 4:18-cv-00501-ALM
A motion to stay was filed by the defendant on October 17, 2018.
Defendant
1 case as defendant.
Capital One Services, LLC is a subsidiary of Capital One Financial Corporation, a prominent American bank holding company commonly known as Capital One. Headquartered in McLean, Virginia, Capital One Financial Corporation was founded in 1994, evolving from a credit card division established in 1988. The parent company is publicly traded on the New York Stock Exchange under the ticker symbol COF, is an S&P 100 and S&P 500 component, and employs approximately 52,600 people globally as of 2024. Its revenue for the trailing twelve months as of 2025 was reported at approximately $53.43 billion.
Capital One provides a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Its major offerings include credit cards, checking and savings accounts, auto loans, and various commercial banking services. The company is a significant issuer of credit cards in the United States and owns the Discover Card, Diners Club, and Pulse payment networks.
In terms of patent litigation, Capital One Services, LLC operates as a defendant, indicating a posture of an operating company defending against patent infringement claims. The company is currently tracked as a defendant in one case, "Wapp Tech Limited Partnership et al. v. Capital One Services, LLC," filed in the United States District Court for the Eastern District of Texas, a venue known for patent litigation. Capital One Financial Corporation has historically defended against patent assertion entities (PAEs), such as Intellectual Ventures, regarding patents related to online banking and financial services.
A motion to stay was filed by the defendant on October 17, 2018.