Visa Acquired Pismo For $1 Billion, Highlighting Fintech Renaissance In Emerging Markets

Innovation has globalized. Over 100 startup ecosystems have spawned a unicorn (and this is rising fast). Many of these are entirely new business models that have spawned global categories.

And they are leading to real exits. Just look at Pismo’s $1b sale to Visa, the largest announced M&A of the year so far anywhere.