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Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal

Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal

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A year and a half after Currencycloud raised $80 million in a round that included Visa, the London-based developer of APIs that powered remittance and currency exchange services is getting even closer to the financial services giant. Today, Visa announced that it would acquire CurrencyCloud in a deal valued at $963 million (£700 million).

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