Visa acquires fraud-prevention firm BioCatch for $2.4 billion

Visa Inc. has agreed to acquire the AI-powered fraud-detection firm BioCatch for $2.4 billion in cash. The deal will see Visa purchase the company from funds advised by Permira and other shareholders, with the transaction expected to close in the second fiscal quarter of 2027. BioCatch, which serves over 350 banking clients worldwide, uses artificial intelligence to detect fraudulent activity.

Visa BioCatch acquisition

• ▪Visa Inc. will acquire the fraud-detection firm BioCatch for $2.4 billion in cash
• ▪Visa is purchasing BioCatch from funds advised by Permira and other shareholders
• ▪The acquisition of BioCatch by Visa is expected to close in the fiscal second quarter of 2027

Behavioral biometrics technology

• ▪BioCatch works with more than 350 banking clients across the world
• ▪BioCatch uses artificial intelligence to detect fraud