Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Visa Inc V

Alternate Symbol(s):  N.VISA

Visa Inc. (Visa) is a global payments technology company. The Company provides digital payments across more than 200 countries and territories. The Company connects consumers, merchants, financial institutions, businesses, strategic partners and government entities through technologies. The Company operates through the payment services segment. The Company provides transaction processing services, including primarily authorization, clearing and settlement to its financial institution and merchant clients through VisaNet, its transaction processing network. Its core business solutions, including credit, debit, prepaid and cash access programs for individual, business and government account holders. It also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking and advisory services. It also offers products and solutions that facilitate money movement for all participants in the ecosystem.


NYSE:V - Post by User

<< Previous
Bullboard Posts
Next >>
Post by greendazeon Jul 13, 2021 10:42am
162 Views
Post# 33535546

Who’s got 2.1 billion $ cash to acquire more expansion? VISA

Who’s got 2.1 billion $ cash to acquire more expansion? VISAJason Moser: Matt, in January, it was announced that Visa was not going to be going through with its plan to acquire a financial services company, Plaid. That was primarily due to antitrust concerns. Not a shock. Certainly, it was a risk that we all acknowledged existed. It became a reality. But that didn't stop Visa's management's wheels from turning. Visa just announced they are going to now acquire a Swedish fintech start-up company called Tink for $2.1 billion. I wonder how do you feel about this deal? Given the size of the business, it doesn't seem like there would be necessarily the same antitrust concerns, particularly because I think that the debit connection that existed with Plaid, I don't think that same connection exists with Tink. But nevertheless, $2.1 billion, that's a lot of money. Does this deal make sense?
<< Previous
Bullboard Posts
Next >>