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In Brief
Monday, 21 December 2020 22:57 Corporate M&A
Mastercard International Inc (Mastercard) 100% acquired of Finicity Corporation Inc and its Indian subsidiary, Finicity Technologies Private Limited. Finicity is a leading North American provider of financial data APIs, credit decisioning tools and financial wellness solutions. The transaction is valued at $825m.
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity.