Romina Seltzer, SVP, products and innovation, Visa Latin America and the Caribbean, says: "At Visa, we believe open finance has the potential to unleash great collaboration across all payment’s ecosystem participants, while ultimately driving greater financial inclusion and empowering consumers with more choice in how and where they share their financial data." Visa has been targeting deals with open finance players over last couple of years; after its aborted takeover of US giant Plaid, it snapped up European platform Tink for €1.8 billion and has also invested in Australian outfit Basiq. Elsewhere in the region, Visa-backed cards and payment software provider Dock has acquired Mexican card processor Cacao.

https://www.finextra.com/newsarticle/39364/visa-invests-in-latin-american-open-finance-startup-belvo