Latin America 2020 Year in Review | Morrison & Foerster

VISA Morrison & Foerster advised Visa Inc. (NYSE: V) in its acquisition of YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups across nine Latin American and Caribbean countries, including Brazil, Mexico, Colombia, Ecuador, Peru, Bolivia, the Dominican Republic, Costa Rica, and Trinidad and Tobago. Visa’s acquisition of YellowPepper builds on a strategic partnership and investment it made in YellowPepper earlier in 2020. The acquisition will accelerate the adoption of Visa’s “network of networks” strategy by significantly reducing the time-to-market and cost for issuers and processors associated with accessing innovative and interoperable solutions, regardless of who owns or operates the payment rails. Morrison & Foerster | 10 Corporate