Visa / CurrencyCloud 2021
Visa acquired CurrencyCloud for $930M on July 1, 2021.
- Target
- CurrencyCloud
- Acquirer
- Visa
- Deal value
- $930M
- Announced
- July 1, 2021
- Sub-sector
- B2B Payments
Transaction overview
- Visa announced the acquisition of CurrencyCloud on July 1, 2021 for $930M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire cross-border payments and FX infrastructure platform to enhance transparency and control in international payments and integrate digital assets into payment schemes.
Deal terms & multiples
Frequently asked questions
How much did Visa pay for CurrencyCloud?
Visa acquired CurrencyCloud for $930M, announced on July 1, 2021.
When did Visa announce the acquisition of CurrencyCloud?
Visa announced the acquisition of CurrencyCloud on July 1, 2021.
What sub-sector is CurrencyCloud in?
CurrencyCloud is tracked in the B2B Payments sub-sector.
Sources
- econotimes.com /Visa-completes-CurrencyCloud-acquisition-for-930M-1623943