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.

— Bloombergquint

J Sagar Associates advised Mastercard International Inc led by a team of partner Sidharrth Shankar, with lawyers Shantanu Jindel, Hema Patnaik and Aman Bhatia, with lawyers Manish Mishra and Shikha Parmar advising on the tax aspects of the deal.

2020-06-23

Deal value: USD 825 million

Primary jurisdiction of deal: US

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