The payment processing giant, Visa confirmed that it has completed the acquisition of Currencycloud for £700 million, i.e., $950 million. Visa’s acquisition of Currencycloud is aimed at providing transparency, flexibility and control when making international payments or doing business in multiple currencies, to both companies’ clients combined. Visa and Currencycloud had signed a definitive agreement earlier in July, and have finally come through with the completion of the acquisition.
Exciting times ahead for Currencycloud as @Visa announce completion of the acquisition for £700 million. We look forward to working together to bring greater transparency, flexibility and control for businesses moving money around the world! pic.twitter.com/GbKq4L5bBP
— Currencycloud (@Currencycloud) December 21, 2021
Currencycloud, which is a globally leading provider for B2B cross-border payments had also partnered with RippleNet, Ripple’s financial payments network. The partnership which
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