Visa agrees to buy BioCatch for USD 2.4 billion in cash

Closing is targeted by the end of Visa’s fiscal second quarter of 2027, subject to customary conditions.

BioCatch analyzes thousands of signals, including user behavior and device handling, to distinguish legitimate users from fraudsters in real time.

BioCatch covers 1.8 billion devices and 760 million users, serving more than 350 banking clients across 21 countries.

Visa agreed to buy fraud intelligence provider BioCatch for USD 2.4 billion in cash from funds advised by Permira and other shareholders.

The deal adds behavioral and device intelligence used to spot scams, account takeovers, money mules, and application fraud before payment.