Visa Pays $2.4 Billion for Cybersecurity Firm BioCatch

Payments processor Visa has agreed to acquire Tel Aviv-based cybersecurity company BioCatch in a $2.4 billion cash deal.

The acquisition is part of Visa's broader strategy to bolster its services with stronger guardrails amid the rise of AI-powered bot attacks.

BioCatch primarily focuses on preventing fraud and financial crime by recognizing patterns in human behavior, using AI and machine-learning models to detect signs of coercion or manipulation in digital transactions.

Visa views the acquisition as complementary to its existing cyber, fraud, risk, and security solutions business, with the deal expected to close by the end of the second quarter of 2027.