Fiserv Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Fiserv Strengths, Domain Expertise, and Key Differentiators

Fiserv, Inc. stands out for its broad and diverse portfolio of products and services, including financial solutions such as payment platforms, digital banking, and card management, enabling the company to meet the needs of various markets. It has a strong global presence and continues to expand into new regions, including Australia and Latin America. Through continuous investments in modernizing its technology solutions—incorporating cloud technologies and artificial intelligence—Fiserv enhances customer experience and service efficiency. Financially stable and growing, the company is able to invest in development and strategic acquisitions, such as the purchases of Payfare, Pinch Payments, and Money Money, strengthening its market position. Additionally, Fiserv places great emphasis on customer support and rapidly adapting its solutions to client needs, which further contributes to its competitiveness and success.

Fiserv Recent Developments

Fiserv continued the implementation of its DNA platform in 2024 and 2025, aiming to help financial institutions modernize their operations and improve the customer experience.

The Clover platform continued to be a key driver of growth for Fiserv. In the first quarter of 2024, Clover recorded a revenue increase of 30%, with 8% growth in small businesses and 12% growth in enterprise transactions. Fiserv plans for Clover to reach $3.5 billion in revenue in 2025 and $4.5 billion in 2026.

Fiserv launched CashFlow Central, an integrated solution for managing accounts receivable and payable for small businesses. By the end of 2024, 39 banks had adopted this solution, and the first implementations are expected to begin by June 30, 2025.

Fiserv continued migrating clients to its new digital banking solution, Experience Digital (XD). This platform helps financial institutions facilitate account openings and payment functionalities by integrating solutions like Clover and CashFlow Central. Fiserv expects to see a multiplier effect on average revenue per user over time.

Fiserv also continued the global expansion of Clover, launching in Brazil in December 2024, with planned launches in Mexico and Australia in 2025. Additionally, the company completed the acquisition of Payfare Inc. in March 2025, strengthening its position in the embedded finance sector.

Fiserv Mergers and Acquisitions (M&A) Activities

In March 2025, Fiserv acquired Payfare Inc., a company focused on embedded finance solutions.

In April 2025, Fiserv also acquired the Australian payment company Pinch Payments to strengthen its presence in Australia.

In April 2025, Fiserv additionally acquired the Brazilian fintech company Money Money Serviços Financeiros S.A. to expand its services in Latin America.

Fiserv Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Fiserv applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Fiserv and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Fiserv Cloud for Core Banking, Finxact, Clover, Carat, CardHub customers.

Fiserv Key Enterprise and Cloud Applications

Fiserv Cloud for Core Banking, Finxact, Clover, Carat, CardHub

Fiserv Revenues, $M:

Fiserv Revenue Breakdown By Type, $M:

Fiserv Enterprise Applications Revenues By Functional Markets, $M:

Fiserv Enterprise Applications Revenues By Verticals, $M:

Fiserv Revenues By Region, $M

Fiserv Direct vs Indirect sales

Fiserv Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Fiserv Customers

No. of Fiserv Customers: 12000

No. of Fiserv Enterprise Applications Customers: x

No. of Fiserv Cloud Customers: x

No. of Fiserv Cloud Subscribers: x

Fiserv has over 12,000 customers worldwide, primarily focused in the financial services sector. Its main customer industries include banks, credit unions, insurance companies, retailers, payment providers, and fintech companies. Geographically, Fiserv’s customer base is global, with the largest concentration in the United States, along with significant presence in Europe, Latin America, Australia, and Asia. The company is also expanding into emerging markets where demand for digital financial solutions is growing.

Fiserv Market Opportunities, M&A and Geo Expansions

Fiserv envisions its future as a leading global technology provider in the financial services sector, focusing on innovation, digital transformation, and expanding its market presence. In 2024 and 2025, the company plans to continue modernizing its platforms by integrating advanced technologies such as cloud computing, artificial intelligence, and data analytics to enhance performance and improve customer experience.

A key pillar of growth will be global expansion, especially in markets like Latin America, Australia, and Asia, where demand for digital financial services is expected to increase. Fiserv also plans to pursue strategic acquisitions and partnerships to broaden its capabilities and enter new segments such as embedded finance and omnichannel payment solutions.

The company will focus on developing integrated and adaptable solutions that enable financial institutions to increase efficiency and deliver a better customer experience amid rapid technological changes and heightened regulatory requirements.

Fiserv Risks and Challenges

In recent years, Fiserv has faced several significant risks that could impact its operations and growth. One of the main risks is the rapid technological change in the financial sector, where the company must continuously invest in innovation to remain competitive. Insufficient adaptation to new technologies or delayed development of new products could result in a loss of market share. Additionally, regulatory changes and increased compliance requirements pose a risk, as non-compliance could lead to financial penalties and reputational damage. Geopolitical tensions and instability in global markets, especially in regions where Fiserv is expanding, could cause operational disruptions and limit business opportunities.

Fiserv experienced leadership changes that could pose risks to the company’s continued growth and development. In January 2025, Michael P. Lyons was appointed President and CEO, effective January 27, 2025. In April 2025, Takis Georgakopoulos was named Chief Operating Officer, replacing Guy Chiarello, who transitioned to the role of Vice Chairman supporting the company’s enterprise technology strategy.

Fiserv Ecosystem, Partners, Resellers and SI

In January 2025, Fiserv and Unicaja (Spain) signed a strategic agreement to develop advanced payment and e-commerce solutions, integrating omnichannel capabilities that provide speed, security, and convenience for merchants in Spain.

In November 2024, Fiserv partnered with ADP (USA) to offer an integrated solution for small businesses, combining Fiserv’s Clover and CashFlow Central platforms with ADP’s payroll and human resources solutions.

In September 2024, Walmart (USA) and Fiserv began collaborating to enable bank payments for online shopping, scheduled to launch in 2025.

In August 2024, Fiserv expanded its global strategic partnership with PayPal to allow merchants easy integration of PayPal, Venmo, and Fastlane services for faster checkout experiences.

In February 2025, StoneX (USA) and Fiserv partnered to expand cross-border transaction capabilities for financial institutions, providing joint clients with better global access and competitive pricing.

In October 2024, Fiserv and eFanXP (Argentina) integrated an ordering and payment system at the "La Bombonera" stadium in Buenos Aires, allowing fans to order and pay in advance through Clover, resulting in a faster and more convenient experience.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: