Acquisition of Pismo by Visa

  • Deal
  • July 25, 2023

JSA advised and assisted Pismo Holdings on the India leg of Pismo Holdings acquisition by Visa Inc. Pismo Holding provides cloud-based payment processing platform to banks and financial institutions and has operations in Latin America, Asia Pacific and Europe.

The all-cash acquisition is subject to regulatory approvals and certain other conditions and is expected to close by the end of the year.

The deal is one of the biggest deals in the fintech sector this year, till date. Wilson Sonsini Goodrich & Rosati were Pismo’s international counsel on the transaction.

Deal Value: USD 1 billion

Our Transaction Team Lead Partner – Rupinder Malik,  Partner – Gaurav Wahie, Senior Associate – Sanchita Kumari, and Associate – Akshat Rajoria.