Mastercard continues diversification with billion-dollar fintech investment

Updated: Jun 26, 2020

The multinational financial services corporation announced Tuesday it had acquire Finicity, a Salt Lake City-based fintech. Visa made a similar move in January with the acquisition of Plaid, a similar fintech, for $5.3 billion. Finicity’s proprietary high- tech financial solutions will help bolster Mastercard’s account authentication and lending decision capabilities.

Full article published June 24, 2020 on News Landed.

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