Visa’s multi-billion investment in European open banking platform

Published

3 years ago

June 24, 2021

Payments technology company Visa has confirmed it has signed a deal to buy Swedish open banking platform Tink

The payment tech company is set to hand over $2.15 billion for the acquisition, one of the largest investments for the company.

The total financial consideration included cash and retention incentives.

Visa says Tink would retain its brand and management team, and its headquarters would continue to operate as normally in Stockholm.

Visa is now set to fund the deal from cash on hand and the acquisition would have no impact on Visa’s previously announced stock buyback programme or dividend policy.

In January, Visa and financial technology company Plaid called off their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping the merger on antitrust grounds

Niche accountants proving essential to e-commerce success

Published

7 hours ago

October 9, 2024

ticker NEWS

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

11 hours ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

Money

Financial stress deemed a leading cause of relationship breakdowns

Published

2 days ago

October 8, 2024

ticker NEWS

Expert insights on preventing financial conflicts and keeping relationships thriving

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s Way, Andrew Woodward.

In this episode, Andrew is joined by Dee Tozer, Couples Master Coach.

#investment insights