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All Companies Involved have Signed a Non-Binding Letter states CEO of Visa

Sofia Cabrera

Summary: The CEO of Visa, Alfred F. Kelly, stated that none of the 27-or so companies have officially joined the Libra. In the Q3 2019 earnings transcript, Kelly was recorded saying "Bryan, the first thing I'd say I think it's important to understand the facts here and not any of us get out ahead of ourselves. ...

The CEO of Visa, Alfred F. Kelly, stated that none of the 27-or so companies have officially joined the Libra. In the Q3 2019 earnings transcript, Kelly was recorded saying "Bryan, the first thing I'd say I think it's important to understand the facts here and not any of us get out ahead of
ourselves. So we have signed a nonbinding letter of intent to join Libra. We're one of – I think it's 27 companies
that have expressed that interest. So no one has yet officially joined."
This statement followed a question from Bryan C. Keane, Analyst for Deutsche Bank Securities Inc., who asked what Visa's involvement would be in Facebook's Libra. 

Author: Sofia Cabrera

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Link: All Companies Involved have Signed a Non-Binding Letter states CEO of Visa   [Copy]
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