Visa signals fintech partnership strategy and account-to-account payments expansion

Visa signaled an acquisition thesis in earnings call guidance on October 25, 2022.

Primary

Visa

Structure

earnings call guidance

Date

October 25, 2022

Sub-sector

PAD/ACH & Bank Rails

Visa CEO articulates expansion of fintech partnerships (400+ signed in FY22) and Visa Direct (5.9B transactions across 60+ use cases) as core growth drivers, signaling intent to deepen account-to-account payment rails and enabler ecosystem.

Primary company

Visa

Counterparty

—

Amount

—

Event date

October 25, 2022

Sub-sector

PAD/ACH & Bank Rails

HQ

—

Structure

earnings call guidance

Source published

October 26, 2022

Publisher

The Motley Fool

Source: fool.com