Visa Europe has signed a deal to relocate its headquarters to Canary Wharf, leasing several floors at the iconic One Canada Square building.
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Visa will make the switch from its current European base in Paddington in the summer of 2028, taking on 300,000 square feet of space on a 15-year lease term.
Antony Cahill, regional president and CEO, Visa Europe, says: “Digital payments power economies right across Europe. This exciting next step will better position us to pioneer the future of payments, giving Europeans access to world-class payment experiences while being offered the highest levels of security, resilience and reliability.”
Visa’s move is the latest sign that the £7 billion invested in new developments, infrastructure and amenities at Canary Wharf over the last six years is paying off.
JP Morgan recently decided to build a three million square feet base at the location, while fintech giant Revolut has already relocated to a 113,000 square foot office there and digital bank Zopa will also soon make the move.
Shobi Khan, CEO, CWG, says: “Visa joins a fintech community of more than 65 companies ranging from innovative startups to global leaders in our growing tech and AI community. This diverse customer base reflects our evolution into a thriving mixed-use district that supports customers at every stage of their journey.”
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