Mastercard Acquires Ekata to Advance Digital Identity
April 19, 2021
Mastercard is acquiring Ekata for US$850 million to strengthen its digital identity and fraud-prevention capabilities by integrating Ekata’s identity verification data and machine-learning technology. The deal builds on Mastercard’s identity programs to provide real-time verification across merchants, financial institutions, marketplaces and travel platforms and is expected to close within six months subject to regulatory review.
- Buyers
- Mastercard
- Targets
- Ekata
- Industry
- Cybersecurity
- Location
- Washington, United States
- Transaction Type
- Buyout
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