Visa to acquire currencycloud

London & san francisco--(business wire)--visa (nyse: v) today announced it has signed a definitive agreement to acquire currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. the acquisition builds on an existing strategic partnership between the two companies and values currencycloud at £700 million, inclusive of cash and retention incentives. the financial consideration will be reduced by the outstanding equ
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