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Visa buying Currencycloud at $962M valuation
Visa announced that it will acquire London-based Currencycloud, a global platform for banks and fintechs to provide cross-border payments, in a deal that values the company at £700 million ($962 million).
Currencycloud’s cloud-based platform offers a set of APIs enabling banks and financial services providers to offer currency exchange services, including real-time notifications on foreign exchange transactions, multi-currency wallets, and virtual account …
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