Visa announced today its plans to acquire payment platforms Prisma and Newpay from private-equity firm Advent International, aiming to enhance its presence in Argentina. This acquisition aligns with Visa’s strategy to expand in Latin America, particularly in markets with significant digital payment potential, as Argentina’s payment ecosystem increasingly shifts toward digital solutions driven by higher smartphone usage and supportive regulatory measures for fintech.
Visa acquires Prisma and Newpay to expand in Argentina
