Visa Invests in Another Fintech Company

Just a few days ago we learned of Visa buying Plaid and now they have invested in another fintech company; Very Good Security (VGS) helps fintech companies with data protection and compliance; some of their clients include Petal and Brex; Crunchbase notes that VGS customers can “issue credit cards without ever having to see a card number and can run background checks without needing to hold Social Security Numbers.”; the amount Visa invested was not disclosed, but VSG last raised $35 million in a Series B which was led by Goldman Sachs. Crunchbase

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