2020-01-14 08:44:50

Ripple CEO thinks 2020 will be the year of acquisitions

Following the announcement of payments giant Visa acquiring Silicon valley fintech startup Plaid Ripple CEO Brad Garlinghouse expressed through a tweet that 2020 can expect to see more number of consolidations. Indeed, acquisitions in 2020 have started with a bang. Earlier this month, popular payments app Paypal acquired Honey, a discount deal finder company, for a whopping four billion US dollars ($4 billion) in an attempt to boost its foothold and go neck and neck against crypto payments giant Square Inc. Today, Visa announced that it had struck a five billion US dollars ($5.3 billion) deal with Plaid, the firm

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