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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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