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Mastercard - About the company

Mastercard is a public company based in Purchase (United States), founded in 1966 by Robert Hackman. It operates as a Payment card network for businesses and individuals. Mastercard has raised an undisclosed amount in funding. The company has 61 active competitors, including 4 funded and 13 that have exited. Its top competitors include companies like Visa, JCB and VocaLink.

Company Details

Payment card network for businesses and individuals. It connects consumers, financial institutions, merchants, governments, and businesses for initiating and accepting payments. It acts as a network between issuing banks and acquiring banks to authenticate a transaction and transfer funds. It facilitates payments for shopping, traveling, running a business, managing finances, and more. It specializes in global digital payments or commerce, and mobile payment processing solutions.In 2022, the company recorded annual revenues of $22.23B and a net profit of $9.93B.
Social
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Email ID
*****@mastercard.com
Phone Number
+1 **********
Registered Address
2000 Purchase Street Purchase, NY 10577 USA
Key Metrics
Founded Year
1966
Location
Purchase, United States
Stage
Public
Ranked
Annual Revenue
$32.8B as on Dec 31, 2025
Employee Count
48,660 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Mastercard's IPO details

Mastercard got listed on May 25, 2006.
Click here to take a look at Mastercard's IPO in detail
Sign up to download Mastercard's company profile

Mastercard's funding and investors

Mastercard has raised funding over 3 rounds. Its first funding round was on Jul 30, 2007. Its latest funding round was a Grant (prize money) round on Jan 01, 2019 for $*****. 1 investor participated in its latest round. Mastercard has 12 institutional investors.

Here is the list of recent funding rounds of Mastercard:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 01, 2019
5864525
Grant (prize money)
6496074
8884767
9352175
8275200
Oct 14, 2008
8488031
Post IPO
5952677
5426062
8361283
Jul 30, 2007
4183053
Post IPO
9794314
4653404
3520836
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Mastercard's founders and board of directors

Founder? Claim Profile
The founders of Mastercard is Robert Hackman.
Here are the details of Mastercard's key team members:
  • Robert Hackman: Senior Vice President and Co-Founder, Product, Small & Medium Enterprises of Mastercard.

Mastercard's employee count trend

Mastercard has 48,660 employees as of Mar 26. Here is Mastercard's employee count trend over the years:
Employee count trend for Mastercard
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Mastercard's Competitors and alternates

Top competitors of Mastercard include Visa, JCB and VocaLink. Here is the list of Top 10 competitors of Mastercard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Visa
Visa
1958, San Francisco (United States), Public
Digital payment technology platform for both individuals and businesses
-
81/100
2nd
Logo for Mastercard
Mastercard
1966, Purchase (United States), Public
Payment card network for businesses and individuals
-
76/100
3rd
Logo for JCB
JCB
1961, Tokyo (Japan), Unfunded
Payment networks to facilitate card-based transactions
-
-
64/100
4th
Logo for VocaLink
VocaLink
2007, Rickmansworth (United Kingdom), Acquired
UK payments partner
$317M
63/100
5th
Logo for NETS
NETS
1985, Singapore (Singapore), Unfunded
Singapore-based national card network
-
-
58/100
6th
Logo for PayNet
PayNet
1997, Kuala Lumpur (Malaysia), Unfunded
Operator of payment network and financial market infrastructure for institutions
-
-
54/100
7th
Logo for BancNet
BancNet
1990, Makati (Philippines), Unfunded
Card network provider
-
-
49/100
8th
Logo for dz card
dz card
1971, Bangkok (Thailand), Acquired
Payment card manufacturer
-
49/100
9th
Logo for Diners Club
Diners Club
1950, Chicago (United States), Acquired
Global payment solutions provider offering exclusive benefits and business solutions
-
49/100
10th
Logo for Visa
Visa
1994, Foster City (United States), Unfunded
Provider of digital payment solutions facilitating electronic funds transfers globally
-
-
45/100
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Mastercard's Investments and acquisitions

Mastercard has made 126 investments in companies including Astrada and Leggal. Mastercard has also acquired 33 companies including BVNK and Minna Technologies.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 06, 2026
Investments
2024
San Francisco (United States)
Mar 17, 2026
Acquisition
2016
Aug 04, 2025
Investments
2024
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See all investments and acquisitions by Mastercard

Reports related to Mastercard

Here is the latest report on Mastercard's sector:

News related to Mastercard

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Media has covered Mastercard for a total of 663 events in the last 1 year, 383 of them have been about company updates and 165 about partnerships.
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FAQs about Mastercard

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