Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid
The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice have brought the deal to an end.
Latest Plaid News
Visa to acquire crypto-friendly startup Plaid in $5.3B deal
Visa has announced that it has reached a deal to acquire Plaid in a $5.3B deal. Plaid connects fintech platforms, including crypto, to users’ bank accounts.
Mastercard, Visa invest in fintech Plaid
The two credit card companies are hoping to make payment systems more secure by investing in the blockchain unicorn.
Abra partners with Plaid to connect US users and banks
Abra, a mobile crypto wallet and investment app, has partnered up with Plaid to enable users in the US to convert USD to crypto and transfer funds to the Abra app.