Strategic Partnership · Financial Data / Open Banking · 2021

Visa strategic investment in Basiq

Basiq announced strategic equity investment with Visa on November 24, 2021.

Primary
Basiq
Counterparty
Visa
Structure
strategic equity investment
Date
November 24, 2021
Sub-sector
Financial Data / Open Banking

Visa invests in open banking infrastructure to ensure network relevance as alternative payment systems emerge and to combine payment and data capabilities.

Primary company
Basiq
Counterparty
Visa
Amount
Not disclosed
Event date
November 24, 2021
HQ
Not disclosed
Structure
strategic equity investment
Source published
November 23, 2021
Publisher
Australian Financial Review

Source: afr.com