Visa Inc., the world’s largest payment technology company, is reportedly in talks to acquire Fidelity National Information Services, a leading provider of payment processing and banking technology solutions. According to sources close to the matter, Visa is looking to make a full takeover of FIS in a deal that could be valued between $85 and $105 per share.
The acquisition would allow Visa to expand its presence in the financial technology industry, particularly in the areas of payment processing, digital banking, and merchant services.
Visa has been actively pursuing strategic acquisitions in recent years, with the acquisition of fintech startup Plaid for $5.3 billion being its most notable. The acquisition of FIS would be Visa’s largest deal to date. FIS has a market capitalization of around $95 billion.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: