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Comment: Visa-Plaid must overcome 'killer acquisition' claims, but fintech rivals could help

By Victoria Ibitoye ( July 10, 2020, 11:46 GMT | Comment) -- Visa’s $5.6 billion purchase of fintech payments provider Plaid has put killer acquisitions in the payments sector sharply back into focus for the UK’s competition regulator. To secure clearance, the companies must take a leaf out of Paypal and iZettle’s book and prove that they will continue to face stiff competition following the merger. They must counter strong opposition from trade groups, but they could be aided in this by unlikely support from Plaid's fintech rivals.Visa’s $5.6 billion purchase of fintech payments provider Plaid has put killer acquisitions in the payments sector sharply back into focus for the UK’s competition regulator....

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