London continues to attract interest as Visa hits major deal

Visa said Thursday that it has agreed to acquire Currencycloud, a London-based provider of technology for cross-border payments, in a deal valuing the target at £700m.

Currencycloud's platform allows banks and financial-services providers to offer currency-exchange services. Visa participated in an $80m funding round for the company last year.

Adam Clark

Visa

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Visa acquires UK fintech in £700m deal

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