Fiserv Completes StoneCastle Acquisition, Extending Insured Deposit, Liquidity and Digital Asset Solutions to Financial Institutions and Introducing Deposit Liquidity Options for Merchants
Helping merchants access new
For financial institutions, this expanded capability empowers banks to access a broader suite of secure, technology-driven funding options, including managing reserves linked to digital assets and FIUSD stablecoin issuance. For merchants, this integration introduces enhanced cash management solutions that will help optimize their cash management needs while offsetting acquiring costs, improving financial flexibility and overall growth. Existing StoneCastle clients, including wealth managers, will also benefit from the expanded reach that Fiserv’s banking relationships will provide.
“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,” said
The transaction closed following receipt of all required regulatory approvals and satisfaction of customary closing conditions. Financial terms were not disclosed.
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For more information contact:
Media Relations:
Vice President,
+1.516.410.1188
melissa.mortiz@fiserv.com
Investor Relations:
Senior Vice President, Investor Relations
Walter.pritchard@fiserv.com
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