Is Visa's $1 billion acquisition of Pismo the largest fintech deal in the LatAm region?
In a whirlwind of financial manoeuvres, credit card giant Visa is swooping into the Brazilian fintech scene, with a jaw-dropping acquisition price tag of $1 billion.
The target of their acquisition? A Brazilian fintech called Pismo – making it one of the largest fintech exits in the region since December 2021 when Nubank went public in the NYSE, valuing it at $45 billion.
