Visa acquired Currencycloud in a deal worth USD 963 mln

Through the acquisition, both parties will increase their transparency, flexibility, and control for both businesses and customers when handling international payments or doing business in various currencies.

Before the takeover, Currencycloud’s cloud platform was already supporting more than 500 tech and banking clients, with a global presence in over 180 countries, including popular multi currency wallets and currency exchange service providers start-ups like Monzo, Moneze, and Revolut.