Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

  • Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion.
  • The deal, with Insight Partners (which acquired Recorded Future in 2019 for $780 million), is expected to close by Q1 2025, pending regulatory approval.
  • The acquisition will enhance Mastercard’s identity, fraud prevention, real-time decisioning, and cybersecurity services, offering expanded threat intelligence capabilities.
  • Recorded Future, founded in 2009, provides real-time cyber threat insights using AI to analyze data from the deep web, social media, and other sources.
  • The platform serves over 1,900 clients across 75 countries, including 45 national governments.
  • Mastercard’s Craig Vosburg says the acquisition enhances security measures before, during, and after transactions.
  • Christopher Ahlberg, CEO of Recorded Future, says the acquisition will broaden the company’s intelligence strategy and scale its business.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments.Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges.Highlights: Monzo announces the closure of its US business.The...