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Mastercard To Acquire Finicity For $825M

Strengthens existing open banking capabilities with Finicity’s proven technology and talent Enhances collaboration and co-creation efforts with fintechs and financial institutions Furthers commitment to

Benzinga · -

Strengthens existing open banking capabilities with Finicity’s proven technology and talent

Enhances collaboration and co-creation efforts with fintechs and financial institutions

Furthers commitment to consumer-centric data protection and practices

PURCHASE, N.Y.--(BUSINESS WIRE)-- Mastercard (NYSE:MA) today announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets are met.