Business
Webull Announces Collaboration with Visa
With Webull and Visa Direct, users can move money to and from investment accounts in real-time[1] NEW YORK, May 6, 2025 /PRNewswire/ -- Webull (Nasdaq: BULL),
About this update from Webull Corporation
[{"type":"text","content":"With Webull and Visa Direct, users can move money to and from investment accounts in real-time[1]\nNEW YORK, May 6, 2025 /PRNewswire/ -- Webull (Nasdaq: BULL), an online investment platform, today announced its collaboration with VISA on the Webull US platform. Visa Direct facilitates account funding as well as the movement of funds directly to eligible cards, bank accounts, and wallets.\n\n \n \n \n \n \n \n\n \nBy integrating with Visa Direct, Webull users based in the United States can quickly transfer money between their Webull brokerage account and external bank accounts.\nThe collaboration with Visa Direct allows Webull to implement a \"Deposit\" feature, which enables fast access to the market and empowers users to seize investment opportunities. While Automated Clearing House (ACH) and other common methods of moving money may take several days, Visa Direct gives users access to their funds in under a minute.\n\"Webull has always been committed to improving access to financial tools and services,\" said Anthony Denier, Group President and US CEO of Webull. \"We are proud to work with Visa and its expansive network to enhance opportunities within financial markets. There are several exciting uses for this new capability, which will allow us to integrate technology into traditional financial services in ways that better serve Webull's customers.\"\n\"We live in a world with expectations of immediacy and convenience, yet when it comes to moving money, too often the process of transferring funds between accounts is harder than it should be,\" said Yanilsa Gonzalez-Ore, SVP, North America Head, Visa Direct. \"With Visa Direct, Webull can give their customers the speed, flexibility and protection they want with real-time payments[1], and deliver a simple, digitized experience to securely manage their funds, so they can confidently invest and trade.\"\n[1] Actual fund availability for all Visa Direct transactions may depend on receiving financial institution, account type, region, compliance processes, along with other factors, as applicable.\nAbout Webull US \nWebull is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's onl...