Visa To Acquire Pismo For $1B In Cash
Portfolio Pulse from Benzinga Newsdesk
Visa Inc. has announced plans to acquire Pismo, a cloud-based digital payment platform, for $1 billion in cash. The acquisition is expected to enhance Visa's capabilities in the digital payments space.
June 28, 2023 | 8:05 pm
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Visa's acquisition of Pismo for $1B in cash could strengthen its position in the digital payments market.
The acquisition of Pismo, a digital payment platform, aligns with Visa's strategic focus on digital payments. This could potentially enhance Visa's product offerings and competitive position, which may positively impact its stock in the short term.
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