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Week 2: 22 Feb 2018

  

Welcome to your new Integration Updates newsletter! There’s a lot happening, and fast, so I’ll be using this round-up to keep you regularly updated.

Wagons rolling!

It’s been an exciting couple of weeks since the announcement, with significant media interest globally, lots of questions from across the Company, regional town hall meetings, and integration workshops taking place with Visa in San Francisco. More on all of that below.

Our main focus today is upon completion of the acquisition, likely to occur in early March. As it approaches, integration workshops are already in progress which will enable me to deliver you a little bit more detail around key milestones very soon. In the meantime, it’s business as usual.

Stay energised

While this is an exciting new chapter for Fraedom, I know that many of you may feel anxious or uncertain. While I don’t have all the answers, I do want to reassure you with a couple of thoughts:

People are at the centre of this business, and the team at Visa know that. Wherever you’re based in the world, you’ve contributed to Fraedom’s success story so far… and it doesn’t end here!

Culture matters, and again, it’s part of the value that the Visa team sees in Fraedom. Keep on challenging convention (respectfully), while remaining open-minded to change.

Thanks

Kyle

Your questions... answered!

  

Since the announcement you’ve asked loads of questions… check out all the latest answers on the Acquisition FAQ page in the Fridge.

"From now on will Visa requests become top priority to work on?"

"What, if any, will be the implications for our salary review process?"

"Does this mean Fraedom employees can use Visa Corporate Boxes at sporting events?"

So far over 70 questions have been asked… Keep ‘em coming! Post your questions via the Sli.do tool, using the event code fraedomGlobal.

The leadership team will address them, and their answers will be posted in the Fridge.

Worldwide coverage acheived

  

There’s been a frenzy of media interest since the announcement, with heavyweight industry publications covering the story globally.

You’ll find links to a couple of the more in-depth articles below. For now, until the transaction is complete, Fraedom will not be commenting directly.

  • If you get inquiries from the media that are Visa-specific, please refer them to: Aida Hadzibegovic - ahadzibe@visa.com
  • If you get inquiries from the media that are Fraedom-specific, please refer them to: John Waples, Alex Le May – FTI Consulting - alex.lemay@fticonsulting.com

PYMNTS.com | Visa B2B Payments: Where The Fraedom Buy Fits

Business Insider | Visa is making an acquisition that should help grow its B2B business

Key milestones

The integration team convened in San Fran this week to make it happen
This week key members of the leadership team assembled in San Fran to formulate and put our immediate integration plans in action. The integration team is looking to provide company-wide visibility of those milestones asap, so be assured there’ll be more on that very soon.

Security checks

Are you secure yet?
A big thank you to all of you that have completed your security checks. For those of you still working at it, please keep it up… short term pain, long term gain! Link to somewhere handy: If you like barbecue rib and beans.!

Key milestones

The integration team convened in San Fran this week to make it happen
This week key members of the leadership team assembled in San Fran to formulate and put our immediate integration plans in action. The integration team is looking to provide company-wide visibility of those milestones asap, so be assured there’ll be more on that very soon.

Security checks

Are you secure yet?
A big thank you to all of you that have completed your security checks. For those of you still working at it, please keep it up… short term pain, long term gain! Link to somewhere handy: If you like barbecue rib and beans.!
 
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