Visa Acquires Pismo: Credit Card Giant Buys Fintech Startup for A Billion Dollars latestly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latestly.com Daily Mail and Mail on Sunday newspapers.
San Francisco, June 29 (IANS) Credit card major Visa has acquired Pismo, a cloud-native issuer processing and core banking platform, for $1 billion in cash.
Visa NYSE V today announced it has signed a definitive agreement to acquire Pismo a cloudnative issuer processing and core banking platform with operations in Latin America Asia Pacific and Europe for 1 billion in cash.