Add-on Acquisition • Internet Software and Services

MasterCard Acquires Finicity

On June 23, 2020, MasterCard acquired internet software and services company Finicity for 985M USD

Acquisition Context

This is MasterCard’s 6th transaction in the Internet Software and Services sector.
This is MasterCard’s 4th largest (disclosed) transaction.
This is MasterCard’s 12th transaction in the United States.
This is MasterCard’s 2nd transaction in Utah.

Explore All 10210 Add-on Acquisition Internet Software and Services Deals - Search the Database Free

M&A Deal Summary
Date	June 23, 2020
Target	Finicity
Sector	Internet Software and Services
Buyer(s)	MasterCard
Deal Type	Add-on Acquisition
Deal Value	985M USD

Target Company

Finicity

Murray, Utah, United States

Finicity Corp. is an internet and mobile software services company specializing in personal financial productivity applications, financial wellness programs, and data services for the FinTech industry.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

MasterCard

Purchase, New York, United States

Category	Company
Founded	1966
Sector	Financial Services
Employees	35,300
Revenue	28.2B USD (2024)

DESCRIPTION

MasterCard is a payments solutions company that provides a family of well-known, widely-accepted payment card brands including MasterCard, Maestro and Cirrus and serves consumers, financial institutions, and businesses in over 210 countries and territories worldwide. MasterCard was founded in 1966 and is based in Purchase, New York.

Deal Context for Buyer	#
Overall	21 of 29
Sector: Internet Software and Services	6 of 8
Type: Add-on Acquisition	17 of 23
State: Utah	2 of 2
Country: United States	12 of 17
Year: 2020	1 of 1
Size (of disclosed)	4 of 9

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-12-23	RiskRecon Salt Lake City, Utah, United States RiskRecon is a provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. RiskRecon’s pioneering scanning and evaluation technologies proactively manage cyber risks, better safeguarding critical intellectual property and consumer and payment data. RiskRecon is based in Salt Lake City, Utah.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-12-23

RiskRecon

Salt Lake City, Utah, United States

RiskRecon is a provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. RiskRecon’s pioneering scanning and evaluation technologies proactively manage cyber risks, better safeguarding critical intellectual property and consumer and payment data. RiskRecon is based in Salt Lake City, Utah.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-04-19	Ekata Seattle, Washington, United States Ekata is a digital identity verification solution that provides businesses worldwide the ability to link any digital transaction to the human behind it. Ekata product suite is powered by the Ekata Identity Engine, comprised of two proprietary data sets the Ekata Identity Graph and the Ekata Identity Network. Ekata's global suite of APIs and SaaS solutions help 2,000+ businesses and partners combat cyber fraud and enable an inclusive, frictionless experience in over 230 countries and territories. Ekata is based in Seattle, Washington.	Buy	$850M

DATE

TARGET

DEAL TYPE

VALUE

2021-04-19

Ekata

Seattle, Washington, United States

Ekata is a digital identity verification solution that provides businesses worldwide the ability to link any digital transaction to the human behind it. Ekata product suite is powered by the Ekata Identity Engine, comprised of two proprietary data sets the Ekata Identity Graph and the Ekata Identity Network. Ekata's global suite of APIs and SaaS solutions help 2,000+ businesses and partners combat cyber fraud and enable an inclusive, frictionless experience in over 230 countries and territories. Ekata is based in Seattle, Washington.

Buy

$850M

Explore Related M&A Activity

Internet Software and Services M&A - Add-on Acquisition M&A Deals - Utah M&A - United States M&A - 2020 M&A