Windsor Drake
Transaction · B2B Payments · 2021

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.

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

Deal value
$930M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
July 1, 2021
Acquirer
Visa (Strategic)
Sub-sector
B2B Payments

Sources

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