San Francisco The credit card giant Visa is taking over the financial technology start-up Plaid for $ 5.3 billion. The companies announced a corresponding agreement on Monday after the US exchange closed. Plaid offers software for linking digital payment apps such as PayPal's Venmo or Transferwise with bank accounts. The company was founded in 2013 and is based in the California metropolis of San Francisco.
. (tagsToTranslate) Visa (t) Payment transactions (t) Plaid (t) Credit cards (t) Venmo (t) Transferwise (t) Payment processing (t) Mergers & Acquisitions M & A (t) Credit card (t) Electronic payment transactions (t) ID (t) PayPal (t) Fintech (t) Bank-related institutions (t) Credit card companies