The Visa-BioCatch deal is expected to be completed by the end of the…
The Visa-BioCatch deal is expected to be completed by the end of the second quarter of 2027. The agency noted that over the past five years, Visa has invested more than $13 billion in technologies to combat fraud.
Consensus
- Visa has agreed to acquire BioCatch for $2.4 billion.
- The acquisition is aimed at strengthening Visa's cybersecurity and fraud prevention capabilities.
- BioCatch uses AI and behavioral biometrics to detect fraudulent activity in real time.
- The transaction is expected to close in 2027.
- BioCatch currently protects 760 million users across 350 banks in over 20 countries.
- After the acquisition, BioCatch will gain access to Visa’s global payment infrastructure.
Points of divergence
- The deal is expected to close in the middle of 2027. — kommersant
- The deal is expected to close by the end of the second quarter of 2027. — vedomosti
- The acquisition is being made from Permira and other investors. — vedomosti
- The purchase will be made in cash. — kommersant
- Visa plans to cut around 2,600 jobs, approximately 7% of its workforce, primarily in technology and product divisions. — vedomosti
Coverage (2 sources)
- Visa acquired BioCatch for $2.4 billion to protect against cyber fraud — Коммерсантъ
- Visa agreed to purchase company BioCatch for $2.4 billion — Ведомости