Announced
Completed
Financials
Sources
Tags
Friendly
Domestic
financial platform
Private
Single Bidder
FinTech
Completed
Majority
United States
Acquisition
Synopsis
Fiserv, a provider of integrated information management and electronic commerce systems and services, completed the acquisition of Spendlabs, a developer of a financial platform. Financial terms were not disclosed. ”Our enhanced digital capabilities are a proof point of our commitment to innovate and rapidly unlock additional value for our clients through the delivery of the best-in-class capabilities that their customers expect from them today. Financial institutions of all sizes will be able to provide a combination of differentiated mobile-first banking and card services that only Fiserv can uniquely deliver, and we’re proud to be helping our clients enable their customers to experience digital in a way that changes the game for everyone," Frank Bisignano, Fiserv President and CEO.
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