Fiserv Strikes Deal to Acquire Brazilian Fintech Money Money
Source: Fiserv Fiserv , the US-based payments and financial-technology group, has signed a definitive agreement to purchase Money Money Serviços Financeiros , a São Paulo fintech that finances small and medium-sized businesse s (SMBs) through Brazil’ s central-bank receivables registry. Terms were not disclosed, and the transaction is expected to close in the second quarter of 2025, subject to regulatory approval. Brazilian push builds on Clover launch The acquisition is designed to accelerate the roll-out of Fiserv’s Clover point-of-sale ecosystem in Latin America’s largest economy. By folding Money Money’s lending engine into Clover, Fiserv aims to offer Brazilian merchants an integrated package of payments, business-management tools and working-capital advances, a combination it believes will strengthen merchant loyalty and open new revenue streams. Fiserv only introduced Clover in Brazil in December, making the country the thirteenth market for its cloud-base...