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Benzinga
Benzinga
Technology
Anusuya Lahiri

Visa Collaborates With Fintech Firm Tribal: Report

V (Organization) Tribal Visa Latin America Caribbean NYSE Visa Inc
  • Leading payment processor Visa Inc (NYSE:V) collaborated with payment and financing firm Tribal, Reuters reports.
  • Visa looks to expand its offerings for small-and-medium-sized businesses in Latin America and the Caribbean.
  • The partnership would expand credit lines, update encryption and safety measures, and improve card distribution.
  • Tribal backed by investors including SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) Latin America Fund, offers credit cards and payment options, including the usage of blockchain technology and stablecoins, to small businesses across Latin America.
  • Price Action: V shares traded lower by 0.59% at $217.98 on the last check Monday.
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