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Are Visa and Mastercard the Next $1 Trillion Companies?

Are Visa and Mastercard the Next $1 Trillion Companies?

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FintechNews RoundupUSA
··1 min read

Visa and Mastercard currently rank 7th and 11th on the S&P 500; their stock prices have increased around 50% over the last year; Reuters reports that if they are able to keep up annual gains seen in the past years they could reach market caps of over $1 trillion by 2023; Sandy Villere, portfolio manager of the Villere Balanced Fund noted, “Everything travels on their rails…They literally sit in the middle of the banks, consumers and merchants and that has been a really enviable place to be.” Both companies have been able to double their revenue over the last five years; around 43% of consumer purchases excluding China are made using digital payments, up 28% from 2010; some analysts believe there is still significant room to grow to reach full penetration in 5 to 10 years. Reuters

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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