Fintech Insider Podcast by 11:FS cover image

758. Is Goldman Sachs breaking up with Apple?

Fintech Insider Podcast by 11:FS

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Visa's $1 Billion Buyout of Brazil's Pismo Eases, Fintech M&A Slow Down

Payments giant Visa has agreed to acquire Brazilian Fintech platform Pismo for $1 billion in cash. Sao Paulo based Pismo's cloud-based platform financial institutions hosts more than 70 million accounts and transact more than $200 billion a year. For Visa, the world's largest payments processor is the first major takeover since 2021 when it bought European open banking platform Tink for $2.2 billion.

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