DOJ Antitrust Strikes Back, Visa Ditches Plaid Acquisition
DOJ Antitrust Strikes Back, Visa Ditches Plaid Acquisition Posted on 01/13/2021 Technology and financial giants often buyout their competition before they pose a threat. Visa Inc. is a Delaware corporation headquartered in Foster City, California. Visa is a global payments company that operates the largest debit network in the United States. Visa’s 2019 revenues were approximately US$ 23 billion. Plaid Inc. is a Delaware corporation headquartered in San Francisco, California. Plaid is a financial services company that operates a popular financial data aggregation platform in the United Stat...