July 22 - 13:07
Visa snaps up Currencycloud in $962m deal
Visa has agreed to buy British payments start-up Currencycloud for $962m, less than two years after participating in the startup's $80m funding round. CurrencyCloud has some 500 customers in 180 countries that use its APIs to power multi-currency wallets, currency exchange services, and account management. It's one of the many fintechs that power payment apps like Monzo, Starling and Revolut.
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