Visa agrees to buy financial technology startup Plaid for US$5.3 billion

Visa agrees to buy financial technology startup Plaid for US$5.3 billion

Visa expects the deal to close in the next three to six months and benefit its adjusted earnings per share at the end of the third year.

Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a US$5.3 billion deal that will boost the payments giant’s access to the booming financial technology space. The transaction highlights how traditional financial firms are … [+2012 chars]

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