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Visa to Acquire Currencycloud

Visa to Acquire Currencycloud

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LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial consideration will be reduced by the outstanding equ

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