Mastercard is adding the fintech firm, Finicity, a leading provider of real-time access to financial data and insights to its portfolio, in a deal valued at $825 million. Finicity will help Mastercard consolidate its open banking platform and enhance how it supports and accelerates today’s digital economy across several markets. This acquisition:
- Strengthens capabilities and offerings to businesses and consumers
- Offers strong open banking partner for financial institutions and fintech
- Enhances commitment to safe and secure data practices
The acquisition is subject to regulatory review and other customary closing conditions.