Visa Inc. · NYSE:V
Visa — Merger or Acquisition (January 2020)
9 slides from Visa's merger presentation, Jan 13, 2020
Slide 1: Visa's Acquisition of Plaid
Visa’s Acquisition of Plaid January 13, 2020
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are identified by words such as “will,” “is expected,” and other similar expressions. Examples of for
Slide 3: Strategic Rationale
Strategic Rationale Enhances Visa’s role as a partner to fintech developers globally Expansion of total addressable market + Acceleration of long-term revenue growth trajectory Best-in-class platform and team ©2020 Visa. All rights reserved.
Slide 4: Fintechs Serve a Large Addressable Market with Very High Growth Rates
Fintechs Serve a Large Addressable Market with Very High Growth Rates Internet Enabled Consumers1 Users of Select Fintechs3 Fintech Funding4 (Billions) Fintech users growing 50%+ VC-backed % of World (Millions) Population YoY Growth 2014 3.1 42% Credit Karma Venmo 40 100 ~18% N/A $120 Billion Coinba
Slide 5: Plaid is the Best-in-Class Platform Connecting Fintech Developers, Financial Institutions and Consumers
Plaid is the Best-in-Class Platform Connecting Fintech Developers, Account 200+ Million User Accounts Fintech Financial Institutions and Consumers Authentication & Authorization Products & Applications 2,600+ Fintech & Financial Institution Developers • Plaid is a financial data network that makes i
Slide 6: Plaid Offers a Compelling Value Proposition to its Partners
Plaid Offers a Compelling Value Proposition to its Partners Accounts Linked to Plaid Why Fintechs and FIs Benefits to Fintech (Millions) Choose Plaid Developers Easy and persistent Financial Customer 200+ Integrated with 11,000+ connections reduce user Institution Retention/ financial institutions a
Slide 7: Plaid Expands Visa's Addressable Market by Providing High Value Services to High Growth Fintechs
Plaid Expands Visa’s Addressable Market by Providing High Value Services to High Growth Fintechs Growth Opportunities in Key N.A. Fintech Verticals International Expansion Opportunity Plaid Penetration Portion of Vertical Not Penetrated There are ~15x more fintech users in International Current Clie
Slide 8: Plaid Accelerates Visa's Network of Networks Money Movement Strategy
Plaid Accelerates Visa’s Network of Networks Money Movement Strategy Global Reach Through Integrated Payments Customer/ Fintech and Card Financial End User Other App ACH/RTP Institutions Developers Digital Wallets • Enhanced coverage of P2P and B2C use cases by integrating connector and payment serv
Slide 9: Transaction Overview
Transaction Overview • $4.9B cash consideration Financial Consideration • Approximately $400M of retention equity and deferred equity consideration in the form of Visa Restricted Stock units • Fiscal Year 2021 revenue growth acceleration of 80-100 bps Expected • Fiscal Year 2021 non-GAAP1 EPS diluti