Visa Acquires Ripple’s Payments Partner for $250 Million | Finance Magnates
California-headquartered credit card giant Visa Inc. has announced the acquisition of Earthport, a British firm that facilitates cross-border transactions for banks and businesses, for £198 million ($250.6 million). As reported by Reuters, Visa, via its subsidiary Visa International Service Association, has paid four times the closing value Earthport’s stock as on 26th December.
