Tag "Visa"
Visa Invests in LATAM Open Finance Platform Belvo’s US$43 Million Series A
Visa has invested in Mexico City-headquartered open finance API platform Belvo through its US$43 million Series A. The two companies have also signed a strategic partnership to jointly develop open finance solutions in Latin America, a statement from Belvo said.
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Visa Teases Plans for an Interoperable Hub for Crypto Payments
Visa announced that it is currently developing the “Universal Payment Channel” (UPC), a hub that connects multiple blockchain networks and allowing for secure transfer of digital currencies. The payments giant calls it a a “universal adapter” among blockchains, allowing central
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Visa To Acquire UK Payments Startup Currencycloud
Visa has signed a definitive agreement to acquire London-based payments startup Currencycloud, Visa announced today. The acquisition builds on an existing strategic partnership between the two companies. Visa had led an $80 million investment round for Currencycloud at the beginning
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Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021
Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of 2021. The payments giant reported that it had partnered with 50 leading crypto platforms on card programmes that make it
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Visa Inks Deal to Acquire Swedish Open Banking Platform Tink for US$2.2 Billion
Visa announced it has signed a definitive agreement to acquire Tink, a Swedish open banking platform, for 1.8 billion Euros (US$2.2 billion). Tink will retain its brand and current management team, and its headquarters will remain in Stockholm, Sweden. The
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Visa Expands Its Fintech Partner Connect Programme
Visa announced the expansion of its Visa Fintech Partner Connect programme which is designed to help financial institutions quickly connect with a vetted and curated set of technology providers. By streamlining the discovery process, Fintech Partner Connect can help Visa’s
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Remitly Receives Investment From Visa Ahead of IPO Plans
Remitly, a mobile-first provider of remittances and financial services for immigrants, announced that it has received an undisclosed sum of equity investment from Visa. News of the funding comes days amidst reports that Remitly is preparing for an initial public
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Visa Teams up With Tala to Drive Crypto Adoption Among the Underbanked
Tala, a digital financial services provider in emerging markets, announced a new partnership with Visa to help underbanked populations participate in the crypto economy. Together with additional partners Circle and the Stellar Development Foundation, Tala will explore opportunities to make
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Visa Expands Real-Time Push Payments with Introduction of Visa Direct Payouts
Visa has announced the expansion of Visa Direct, a real-time push payments platform, with the introduction of Visa Direct Payouts. The new solution allows Visa’s clients and partners around the world to use a single point of connection to push
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Visa Pilots Payment Settlements Using Stablecoin with Crypto.com
Visa announced that it will allow the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle transactions on its payment network over Ethereum, an open-source blockchain. Visa said that it is piloting the capability with
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