Ricardo Josua, CEO of Pismo – Visa’s $1B Acquisition, Going Global From Day One, Building Trust With Fintechs & Large Banks

Miguel Armaza sits down with Ricardo Josua, CEO/Co-Founder of Pismo, a global tech company that builds banking and cards solutions for digital banks and large financial institutions. Headquartered in Sao Paulo, Brazil, the company has operations in Latin America, Southeast Asia, Europe, and the US and processes $210 billion dollars in annual transaction volume. Pismo’s investors include Redpoint Brazil, Softbank, Amazon and Accel.Importantly, back in June 2023, Visa announced a definitive agreement to acquire Pismo for $1 billion in cash. Making it one of the largest fintech acquisitions announced this year worldwide, and certainly the largest one outside of the US. The transaction is still subject to regulatory approvals so we couldn’t talk that much about it.In this episode, we discuss:From Brazil to the world – the importance of having a global mindset from day onePartnering with fintechs and large banks – how Pismo went from mostly fintech clients to selling to some of the largest banks in the worldBuilding a modern system while still connecting to legacy technologiesAdvice for company builders and leaders to navigate both great times and choppy weathers… and a lot more!Live Recording Alert! Join us for a live Fintech Leaders recording and Happy Hour with Stuart Sopp, CEO & Co-Founder of Current, a multibillion-dollar fintech built in New York City.  See you at Barclays Rise New York on Monday, October 16 to kick off New York Tech Week. Register here --> https://bit.ly/3sMaIBjWant more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join almost 60,000 readers and listeners worldwide!Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp