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StockNews.com
StockNews.com
Business
Kritika Sarmah

Is Buying Visa’s Stock Finally Paying Off?

In 2008, fintech company Visa Inc. (V) went public in a banking climate that was similar to today's following the collapse of Bear Stearns. Its IPO raised $17.90 billion and was the largest sum of proceeds for a US IPO at the time.

Despite regulation, competition, and merchant lawsuits concerns, the company's brand is well established, and it has a vast network of merchants and financial institutions that use its services. V has a market capitalization of $466.20 billion currently.

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