London, UK – 5 August 2026 – Technion UK congratulates BioCatch and its founders following Visa’s announcement that it will acquire the Israeli fraud prevention company in a $2.4 billion transaction. The acquisition is another landmark moment for Israel’s innovation ecosystem and a proud achievement for the Technion – Israel Institute of Technology, whose alumni were among BioCatch’s founders.
BioCatch has become a global leader in behavioural biometric intelligence, helping financial institutions detect fraud by analysing how users interact with their devices and banking applications. Today, its technology protects more than 760 million users and serves over 350 financial institutions worldwide, helping stop financial crime before money is lost.
The acquisition further highlights Israel’s position as the Start-Up Nation. Despite a population of fewer than 10 million people, Israel is home to more than 7,000 active startups, giving it one of the highest concentrations of startups per capita in the world. Technion graduates have played a pivotal role in building this ecosystem, founding and leading many of Israel’s most successful technology companies across cybersecurity, fintech, AI, healthcare and semiconductors.
Alan Aziz, CEO of Technion UK, said:“Visa’s acquisition of BioCatch is another outstanding example of how Technion alumni are transforming breakthrough research and entrepreneurial vision into technologies with global impact. We are immensely proud that Technion graduates helped found a company that is protecting hundreds of millions of people from financial fraud. Their success reflects the Technion’s enduring commitment to innovation and reinforces Israel’s position as the Start-Up Nation, where world-changing ideas become world-leading companies.”
Technion has long been recognised as one of the world’s leading science and technology universities, producing generations of entrepreneurs, engineers and innovators whose discoveries and companies continue to shape industries around the globe. The BioCatch acquisition is the latest example of Technion alumni translating cutting-edge research into solutions that improve the security and resilience of the global financial system.