trending Market Intelligence /marketintelligence/en/news-insights/trending/cTMqTPEbg1zwsn2EMUH7jA2 content esgSubNav
In This List

Mastercard to acquire Ethoca

Blog

Banking Essentials Newsletter: September Edition, Part - 2

Blog

Q2'21 U.S. Power Forecast

Blog

Investment Banking Essentials Newsletter: September Edition, Part - 2

Blog

Essential Government & Regulatory Insights September 2021


Mastercard to acquire Ethoca

Mastercard Inc. agreed to acquire Ethoca Ltd., which provides solutions for merchants and card issuers in dealing with digital commerce fraud, from Difference Capital Financial Inc.

Financial terms of the deal were not disclosed. The deal is expected to close in the second quarter.

Ethoca's services are used by more than 5,000 merchants and 4,000 financial institutions. Mastercard intends to integrate Ethoca with its current security activities, data insights and artificial intelligence solutions in combating digital commerce fraud, according to a news release.

Difference Capital expects the deal to impact its net asset value by approximately $6.5 million, or $1.12 per share, from its quarter ended Sept. 30, 2018.