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Synopsis
Fiserv, a global provider of financial services technology, mobile banking, and payments solutions, primarily serving businesses and small businesses, completed the acquisition of CardFree, a technology company providing mobile ordering, payment, and loyalty solutions for restaurants, hotels, and hospitality businesses. Financial terms were not disclosed. “Today’s acquisition builds on the strong foundation Clover and CardFree have created through our work together and positions us to further expand Clover’s capabilities across the hospitality, restaurant and lodging industries. Integrating CardFree’s technology into Clover enhances our platform’s scalability and flexibility, empowering hospitality businesses to drive growth through elevated customer experiences," Takis Georgakopoulos, Fiserv COO.
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