Press

Mastercard statement on Department of Justice approval of Finicity acquisition

PURCHASE, NY (November 16, 2020) — We were notified that the Department of Justice completed its review of our planned acquisition of Finicity and has cleared it to move forward.

We are pleased to have reached this milestone. The acquisition of Finicity accelerates our open banking strategy and strengthens our ability to offer consumers and businesses more choice in how they pay and how they simplify their lives and maximize their financial relationships.

We look forward to closing the deal and bringing the companies together to provide further value to consumers, banks, merchants, businesses and governments.

About MasterCard

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. www.mastercard.com