Tag
#visa
Exodus cuts 25% of staff to fund stablecoin payments push
Exodus stablecoin payments pivot drove a 25 per cent workforce cut, with the crypto wallet company targeting $10 million to $13 million in annual savings.
Plaid IPO talks test fintech listing window after reset
Plaid IPO talks put an $8 billion valuation back before public markets, offering a fresh test of whether fintech listings can clear after the sector reset.
Digital euro rift slows Europe's break from Visa, Mastercard
Digital euro politics are colliding with bank funding and fee economics, slowing Europe's push to cut reliance on Visa and Mastercard.
Berkshire's Delta bet and payments exit sharpen its market signal
Berkshire's new Delta stake and exits from Visa, Mastercard, Amazon and UnitedHealth suggest a deliberate cross-sector rotation under Greg Abel.
Visa Q2 revenue jumps 17% to $11.23bn, strongest growth since 2022
Visa reported Q2 revenue of $11.23bn, up 17% year over year and $480m above consensus, its strongest top-line growth since 2022. Adjusted EPS of $3.31 beat by $0.22. The company raised full-year guidance and authorized a $20bn buyback, sending shares higher after hours.
