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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