Visa in Advanced Talks to Acquire Israeli Fintech Fireblocks for $2.5 Billion

Visa is reportedly in advanced talks to acquire Israeli fintech Fireblocks for $2.5 billion, marking a potential second major Israeli acquisition following BioCatch.

Source:Globes
Visa in Advanced Talks to Acquire Israeli Fintech Fireblocks for $2.5 Billion
Illustration WireIsrael: AI Generated

American payment giant Visa is in advanced talks to acquire Israeli fintech company Fireblocks for approximately $2.5 billion, according to a report by Axios. Fireblocks, a developer of infrastructure for security, digital asset management, and stablecoins, has denied the report.

If completed, this would mark Visa's second acquisition in Israel within a few months. Last August, the payment giant announced the acquisition of Israeli fintech firm BioCatch for $2.4 billion in cash. BioCatch develops AI-driven technology for user behavior analysis and real-time fraud detection. The deal is expected to close by the end of fiscal Q2 2027.

Related News