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US: The Fiserv-First data merger is complete

By  |  July 29, 2019
US: The Fiserv-First data merger is complete

The big deal is now complete: Fiserv announced this morning (July 29) that it has completed its acquisition of First Data Corporation. The two massive firms first inked the deal earlier this year, which will see Fiserv purchase First Data for $22 billion in an all-stock transaction.

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    At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

    With the transaction now complete, Fiserv is one of the world’s largest payments and financial technology providers.

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