Tech Company M&A Transactions
Ethoca Acquisition
Ethoca, operating out of Austin, was bought by MasterCard. The acquisition price was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
3/12/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Mastercard intends to further scale these capabilities and combine Ethoca with its current security activities, data insights and artificial intelligence solutions to help merchants and card issuers more easily identify and stop potentially fraudulent purchases and false declines. Terms of the agreement were not disclosed and the transaction is anticipated to close in the second quarter of 2019.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
13301 Galleria Cir. Building B 100
Austin, TX 78738
USA
Austin, TX 78738
USA
Phone
Website
Email Address
Overview
Ethoca is a secure network for card issuers and merchants to connect and work cooperatively outside the payment network in a unique and powerful way!
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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