FinTech: Visa Acquires Plaid

FinTech: Visa Acquires Plaid

FACTS

  • The US card scheme Visa announced they are acquiring the FinTech Plaid for $5.3 billion.

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Venmo Payment Card Launched (Eventually)

Just like their direct competitor Square –whose first prepaid card was introduced a year ago– Venmo launches a debit card in addition to their app: beyond mobile P2P payments, they can then address retail transactions. This US payments industry giant...

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