Mastercard / Finicity 2020

Mastercard acquired Finicity for $825M on June 23, 2020.

Target

Finicity

Acquirer

Mastercard

Deal value

$825M

Deal type

Cash

Announced

June 23, 2020

Sub-sector

Regtech

Mastercard buys North American open-banking platform with bank data access across 95 percent of US deposit accounts, anchoring its open finance strategy.

Deal value

$825M

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

June 23, 2020

Close date

November 19, 2020

Acquirer

Mastercard (Strategic)

Target HQ

United States

Deal type

Cash

Sub-sector

Regtech

Source: mastercard.com