Visa and GoodData Partner on data products for better customer insights

GoodData, a global analytics company, has announced a strategic partnership with Visa, a provider of digital payments services. The company has
more than 2,000,000 users in more than 145 countries, and its platform is utilized by more than 50% of the Fortune 500.

In addition, Visa is making an investment in GoodData, bolstering its commitment to providing access to aggregated data and analytics that help Visa clients and partners understand the impact and effectiveness of the decisions they make. The investment details were not specified.

“We’re extremely pleased to have Visa as an investor and partner in our mission to help companies of any size to become data companies,” said Roman Stanek, founder, and CEO of GoodData. “Visa’s investment will allow us to increase our focus on interactive self-service analytics, user interfaces and data visualizations, as well as expand our customer support for managing complex data governance, compliance, cybersecurity, and privacy matters.”

For GoodData, the company says, the new investment will strengthen its position as an all-in-one data platform that enables companies to add new services to existing offerings, develop new business models, and better partner with business networks.

Visa Ventures is the corporate venture investment arm of Visa. With a global focus, the team engages with innovative payments, Fintech, and technology companies. For more information, go to www.gooddata.com.