Visa To Buy Orrick-Led Fintech Currencycloud At $962M Value

Law360 (July 22, 2021, 5:02 PM EDT) -- Visa said Thursday it will acquire foreign-exchange platform Currencycloud in a deal that values the Orrick-advised financial technology company at £700 million ($962 million).

Visa already owns a stake in Currencycloud and has an existing partnership with the company, the announcement said. Currencycloud provides foreign-exchange technology for banks and fintechs, with a focus on cross-border payments. Its platform allows real-time notifications and mutlicurrency wallets and has close to 500 banking and technology clients, according to the announcement.

Visa said the technology would bolster its existing foreign-exchange services as well as provide new avenues for business. It also emphasized the growth in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!