Visa Finalizes Currencyloud Acquisition

Visa has announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments.

Photo Insert: Visa Inc. is the world’s leader in digital payments, while banks, fintechs, and businesses everywhere can make bigger, better, bolder leaps with Currencycloud.

The acquisition will empower Visa and Currencycloud clients and partners to provide greater transparency, flexibility, and control for consumers and businesses when making international payments or doing business in multiple currencies.

The acquisition builds on an existing strategic partnership between Currencycloud and Visa.

Currencycloud’s cloud-based platform already supports over 500 banking and technology clients with reach in over 180 countries and will continue to serve and support its customers and partners across the industry.

This report was originally released by Business Wire.

WEEKLY FEATURE : MVP Group Keeps Lights On During Pandemic