Clover Revenue Growth
Clover revenue grew by 26% in the third quarter, driven by value-added solutions and solid GPV growth. SaaS penetration reached 26% due to strength in vertical software sales, Clover Capital, and anticipation.
Strategic Partnerships and Expansions
Fiserv signed an exclusive long-term partnership with Nubank and agreed to bring the Clover solution to Japan through a partnership with a leading local financial institution.
Leadership and Board Enhancements
Announcement of new Co-Presidents and a new CFO, as well as three new Directors joining the Board, including a new Board and Audit Committee Chair.
One Fiserv Action Plan
Fiserv launched the One Fiserv action plan centered on investments in five strategic areas, including operating with a client-first mindset and building a preeminent small business operating platform through Clover.