From Stocktwits: 2025-01-28 14:24:15

Visa will be the first partner of X Money, a financial services platform set to launch later this year. Users can send funds to their X Wallet using Visa Direct, with options to transfer funds to a bank account and make peer-to-peer payments. X Money is expected to launch in the first quarter, with deals with more financial partners likely. Visa shares rose 0.9% following the announcement, with retail sentiment turning bullish. Visa is set to report its fiscal first-quarter earnings on Jan. 30. Elon Musk’s X, formerly Twitter, aims to be an “everything app” emulating the success of super apps like WeChat.



Read more at Stocktwits: Visa Stock Gains After Partnering With Musk’s X For Financial Services: Retail Cheers The Deal