Fiserv completed the acquisition of StoneCastle Cash Management.

Fiserv, a provider of financial services technology, completed the acquisition of StoneCastle Cash Management, a company which provides deposit solutions for depositors, enterprises, and banks. Financial terms are not disclosed. “This acquisition highlights Fiserv’s unique position at the intersection of banking and commerce: for banks, it provides a new, stable deposit source; for Merchant clients, including our Clover merchants, it provides a safe, high-yielding alternative to manage their operating cash. Looking to the future, StoneCastle brings unique liquidity benefits to our FIUSD stablecoin solution. Together, we are focused on unlocking new revenue opportunities, deepening client relationships and accelerating innovation across the financial ecosystem,” Takis Georgakopoulos, Fiserv Co-President.