M&A Deal Summary

Visa Acquires Prosa

On December 15, 2023, Visa acquired information technology company Prosa

Acquisition Highlights
  • This is Visa’s 5th transaction in the Information Technology sector.
  • This is Visa’s 1st transaction in Mexico.

M&A Deal Summary
Date 2023-12-15
Target Prosa
Sector Information Technology
Buyer(s) Visa
Deal Type Add-on Acquisition

Target

Prosa

México, Mexico
Prosa is a digital payment processor that facilitates transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Prosa is based in México City.

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Buyer(S) 1

Buyer

Visa

San Francisco, California, United States
Category Company
Founded 1958
Sector Financial Services
Employees20,500
Revenue 32.7B USD (2023)
DESCRIPTION
Visa office in Foster City, California.
Visa office in Foster City, California.

Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries. Visa was founded in 1958 and is based in San Francisco, California.

DEAL STATS #
Overall 16 of 17
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 15 of 16
Country (Mexico) 1 of 1
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Pismo

Sao Paulo, Brazil

Pismo is a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe. Pismo was founded in 2016 and is based in Sao Paulo, Brazil.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-26 Featurespace

Cambridge, United Kingdom

Featurespace is a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. Featurespace was founded in 2008 and is based in Cambridge, England.

Buy -
Mergr

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