According to Blockchain Today, Visa has acquired fintech startup Plaid for $5.3 billion, working with the Coinbase crypto exchange and the Abra wallet.
This will allow Visa to provide users with advanced payment options and related services for fintech developers.
The deal will be completed within 3-6 months.
In November 2019, Visa announced plans to create a blockchain system for processing personal data.
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Image credit: Bloomberg.com