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Saturday 29 December 2018

Visa Acquires Ripple Partner Earthport For $250 Million

Credit card giant Visa Inc. is acquiring British payments firm Earthport for $250.6 million. Earthport — which provides cross-border payment services to banks and businesses — has been partners with Ripple, the blockchain-based payment network, since 2015. Under the merger, Visa paid four times Earthport’s closing stock price on December 26, Reuters reported. Visa was interested in acquiring Earthport

The post Visa Acquires Ripple Partner Earthport For $250 Million appeared first on CCN



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