Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion
Adrian Zmudzinski's original article for cointelegraph.com reduced by 77%
Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. "Plaid is a leader in the fast growing fintech world with best-in-class capabilities and talent.
The acquisition, combined with our many fintech efforts already underway, will position Visa to deliver even more value for developers, financial institutions and consumers." Visa has shown an active interest in innovations in the fintech sector.
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