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Visa acquires Brazilian fintech startup Pismo in $1B blockbuster deal | TechCrunch
TechCrunch
2023
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Credit card giant Visa is acquiring Brazilian payments infrastructure provider Pismo for $1 billion in cash.
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Summary:
Visa credit card company has acquired Brazilian payments infrastructure provider Pismo for $1 billion in cash, making it a major move in the Brazilian fintech industry. This move highlights the importance of strategic investments made by large corporations to stay competitive and up to date with current technologies.
Keywords: Visa, Pismo, $1 Billion, Fintech Industry, Business Strategies
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