← The 100 companies
💳
Finance · #15 of 100
Visa
Connects banks and stores so card payments work instantly.
📖 Its story
In 1958, Bank of America mailed credit cards to thousands of people in Fresno, California. That card was called BankAmericard. Years later, a banker named Dee Hock brought many banks together, and in 1976 the card was renamed Visa.
💵 How it makes money
By charging a small fee every time someone pays with a Visa card.
🤯 Fun fact
In 1958, about 60,000 cards were mailed in Fresno, in what is known as the “Fresno Drop.”
👍 The good part
Its network is accepted at millions of stores in almost every country.
⚠️ The risk
New ways to pay, like instant transfers or apps, could compete with cards.
🧠 Did you get it?
What was the card called before it was called Visa?
Its stock
V
on the NYSE stock exchange
$422.59
▼ 3.20% today
▲ 20.50% this year
In the game: 422.59 Monis per share (1 Moni = 1 dollar).
Price as of November 5 at 6:49 PM ET, delayed.
🗂️ Quick facts
- Founded in: 1958
- Founded by: Bank of America (BankAmericard); Dee Hock created Visa
- Home: San Francisco, California, USA
🔎 How to find it on the stock market
- Search the internet for V stock.
- You can also find it in your parents' investing app with the letters V.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Visa. Ask your mom or dad to join the list.
Join the list