Visa Stock Price, News & Analysis

Visa Inc. (NYSE: V) has announced its participation in several upcoming investor conferences. On March 1, CEO Ryan McInerney will present at the KBW Fintech Payments Conference at 8:45 a.m. ET. On March 2, Group President Oliver Jenkyn will present at the Evercore ISI Payments & Fintech Innovators Forum starting at 11:45 a.m. ET. CFO Vasant Prabhu will then speak at the Morgan Stanley Technology, Media & Telecom Conference on March 8 at 9:10 a.m. PT, and again at the Wolfe FinTech Forum on March 15 at 9:20 a.m. ET. Webcasts will be available for 30 days on Visa's Investor Relations website.

Visa (NYSE: V) announced that Vice Chair and CFO Vasant Prabhu will depart the company on September 30, 2023. Prabhu has served as CFO since 2015 and will assist in finding and onboarding his successor to ensure a smooth transition. CEO Ryan McInerney and Executive Chairman Al Kelly expressed gratitude for Prabhu's strategic leadership during his tenure, highlighting his role in shaping Visa's transformation and growth. Prabhu emphasized his pride in contributing to Visa's success during a significant period in the company's history and expressed confidence in its future growth in the evolving payments landscape.

Visa (NYSE: V) has announced new offers aimed at benefiting small and micro businesses (SMBs) by enhancing their digital payment capabilities and reducing costs. Eligible Visa Small Business cardholders can access discounts on services from merchants like Bench Accounting and Yahoo through Visa SavingsEdge, providing savings worth up to $5,000. Additionally, a limited-time offer from Authorize.net waives monthly fees and transaction charges for new customers who register from February 11-12, further supporting SMBs in their digital transformation efforts.

Visa (NYSE: V) has announced the second class of its Visa Black Scholars and Jobs Program, offering mentorship and scholarships to 75 students across 23 states and Washington D.C. The initiative is part of a $10 million investment aimed at enhancing inclusion and diversity. Since its launch in August 2021, the program has supported 126 students, providing them with internships and job opportunities post-graduation. Scholars have access to industry leaders and participate in summits for their professional development. The program has now expanded to similar initiatives in the UK, Spain, Brazil, and South Africa.

Visa Inc. (NYSE: V) announced its fiscal first quarter 2023 financial results, with details available via a Form 8-K filing and on its Investor Relations website. A live audio webcast is scheduled for 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. Visa, a leader in digital payments, operates globally, facilitating transactions among consumers, merchants, and financial institutions. The organization's mission focuses on innovative, reliable, and secure payment solutions, aiming to include everyone in the digital economy. For more information, visit investor.visa.com.

Uber (NYSE:UBER) has partnered with Visa (NYSE:V) to support small and medium-sized businesses in adopting sustainable packaging solutions through a new program. Launched on January 16, 2023, in Davos, Switzerland, the initiative allocates $1 million in grants to qualifying Uber Eats restaurants in key cities including New York and Los Angeles. This effort follows the successful Grants for Growth program, which provided $10,000 microgrants to U.S. small business owners. Both companies aim to reduce packaging waste and address consumer demand for sustainability, a priority highlighted by research from the US National Restaurant Association.

Visa Inc. (NYSE: V) will announce its fiscal Q1 2023 financial results on January 26, 2023, after market close. The results will be available on the Visa Investor Relations website, accompanied by a news wire alert. Following this, a live audio webcast is scheduled at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results and business highlights. During this period, Visa will be in a customary "quiet period," with no interactions with the investment community until the results are published.

During the US-Africa Business Forum, Visa pledges to invest $1 billion in Africa by 2027. This commitment aims to scale operations, deploy innovative technologies, and deepen partnerships with various stakeholders. Visa's investment underscores its long-term dedication to advancing digital payment accessibility for individuals and merchants across the continent. The company will enhance the regional payment ecosystem through initiatives focused on upskilling, financial inclusion, and technology.

Visa (NYSE: V) has announced a seven-year global partnership with GoHenry, the financial education app and prepaid card for children aged 6 to 18. This partnership strengthens Visa's role as the exclusive global network partner for GoHenry’s prepaid cards in the US, UK, and Europe. With a mission to enhance financial literacy for young people, GoHenry has influenced the youth finance sector for over a decade. The partnership aims to facilitate operations and support GoHenry’s growth after its acquisition of French fintech Pixpay and a recent $55 million capital raise.