LONDON - Paysafe (NYSE: PSFE), a renowned payments platform, and Fiserv, Inc. (NYSE: FISV), a leader in financial services technology with a market capitalization of over $100 billion and annual revenue exceeding $20 billion, have announced the expansion of their partnership to provide small and medium-sized businesses (SMBs) with advanced tools for growth and security. According to InvestingPro data, Fiserv maintains a strong 61% gross profit margin, underlining its operational efficiency in the financial technology sector. The collaboration introduces new initiatives, including the integration of Fiserv’s Clover Capital solution and a digital wallet for Fiserv’s Clover merchant base in the United States.
The Clover Capital solution aims to provide SMBs with easier access to capital, enabling them to scale their operations. In addition, Paysafe will utilize Fiserv’s Data-as-a-Service offering to bolster risk and fraud protection measures, thereby enhancing security for consumers and merchants alike.
A significant development from this partnership is the launch of a digital wallet within the Clover merchant base. This innovation is set to offer businesses quicker settlements and a comprehensive suite of banking services, improving the overall customer experience. The wallet is a part of Paysafe’s evolution in its business wallet platform, designed with financial efficiency and scalability in mind.
Bruce Lowthers, CEO of Paysafe, highlighted the partnership’s focus on creating innovative solutions that foster growth for SMBs and accelerate product expansion strategies. Jennifer LaClair, Head of Merchant Solutions at Fiserv, echoed this sentiment, underscoring the commitment to equipping SMBs with necessary tools to succeed in a digital economy.
Paysafe, with a history spanning 29 years in online payments, and Fiserv, recognized as one of Fortune’s World’s Most Admired Companies, are set to continue building on their robust partnership, delivering increased value across the payment ecosystem.
This strategic move is expected to enhance Paysafe’s offerings and expand Fiserv’s Clover platform capabilities, further solidifying their positions in the payments and financial technology industry. Based on InvestingPro’s Fair Value analysis, Fiserv currently trades near its Fair Value, reflecting market confidence in its growth strategy. The information for this report is based on a press release statement and InvestingPro’s comprehensive analysis, which includes over 10 additional ProTips and detailed financial metrics available to subscribers.
In other recent news, Fiserv, Inc. reported its first-quarter 2025 earnings, exceeding analysts’ expectations with an adjusted earnings per share of $2.14, surpassing the forecast of $2.09. The company also reported revenue of $5.13 billion, which was higher than the anticipated $4.84 billion. Despite this positive performance, Fiserv’s stock fell in pre-market trading, reflecting investor concerns about future growth prospects. In leadership changes, Michael P. Lyons has been appointed as the new Chief Executive Officer following Frank Bisignano’s resignation to become Commissioner of the Social Security Administration. Lyons also joined the Fiserv Board of Directors, while Doyle R. Simons was named the non-executive Chairman of the Board. Additionally, Mizuho maintained an Outperform rating on Fiserv but lowered its price target from $259 to $220, citing concerns over the growth of Clover, Fiserv’s leading product. Despite these challenges, Mizuho remains optimistic about Fiserv’s initiatives, including geographic expansion and new partnerships.
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