2min chapter

Equity cover image

Well done, Pismo and Visa! You gave SoftBank a win

Equity

CHAPTER

SoftBank's Acquisition of Pismo

Pismo is a payment infrastructure company based out of anywhere, including the US. It's trying to give banks, fintechs, other financial institutions the ability to do things like launch cards, payments and digital banking. This year they told me the startup processed almost 55, 0 billion API calls had 40 billion in transaction volumes annually. Powered almost 80 million accounts. At the beginning of 2021, they were doing less than 1 billion per month in transaction volume,. That's up to 40 billion a year. that's two, two and a half X. The growth they've seen is like, wow, this year they told us the startup processing almost 55,0 billion API callsHad 40

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