Visa / Pismo 2023

Visa acquired Pismo for $1.0B on June 28, 2023.

Target

Pismo

Acquirer

Visa

Deal value

$1.0B

Deal type

Cash

Announced

June 28, 2023

Sub-sector

Payments

Visa adds cloud-native core banking and issuer processing platform to extend its issuing solutions across Latin America and Asia.

Deal value

$1.0B

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

June 28, 2023

Close date

January 4, 2024

Acquirer

Visa (Strategic)

Target HQ

Brazil

Deal type

Cash

Sub-sector

Payments

Source: investor.visa.com