Mastercard Inc said on Tuesday it would buy Finicity in a deal valued at $825 million, adding a fintech firm that helps banks share customer data with other financial firms.

— New York Times

Majmudar & Partners advised Finicity led by a team of managing partner Akil Hirani, partner Amrit Mehta, tax counsel Ravi S Raghavan, associate Sinjini Majumdar, associate Dhruv Somayajula and company secretary Ritu Raj.

Also advising was US firm Cooley LLP.

2020-06-22

The primary jurisdiction of the deal was USA.

Deal value: US$825 million plus an earn out up to US$160 million.

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