Fiserv to acquire Brazilian FinTech Money Money

By Gloria Methri

Fiserv has signed a definitive agreement to acquire Money Money Serviços Financeiros S.A., a Brazilian FinTech specialising in SMB financing. The acquisition aims to strengthen Fiserv’s position in Brazil by enhancing its ability to deliver capital access to small and medium-sized businesses (SMBs), supporting their growth and operational expansion.

Money Money operates a specialised financing platform that taps into Brazil’s Central Bank-regulated receivables registry infrastructure. Using this system, the company offers working capital and tailored financial solutions to SMBs based on rigorous business performance analytics. Its capabilities align with and enhance the strategic goals of Clover, Fiserv’s point-of-sale and business management platform, which was launched in Brazil in December 2024.

Following the acquisition, Fiserv plans to integrate Money Money’s financing engine into the Clover platform under the brand Clover Capital. The unified offering will utilise advanced risk and predictive performance analysis to create personalised capital offers with competitive rates. These offers will be backed by future receivables and flexible repayment options tied to a merchant’s historic sales activity.

“By adding this service to our portfolio, we take an important step to boost the growth of our acquiring clients, facilitating their access to the necessary resources to invest in improvements and processes,” said Jorge Valdivia, General Manager of Fiserv in Brazil. “Our continued investment in the Brazilian market demonstrates our commitment to advancing our clients’ business objectives by expanding our local capabilities.”

Clover’s Brazilian launch marked its entry into the market with an all-in-one payment solution, business management tools, and access to a marketplace of integrated software applications from independent software vendors (ISVs). With Money Money’s integration, Clover’s capabilities will expand to include embedded lending and more sophisticated cash flow support for local merchants.

The deal remains subject to regulatory approvals and customary closing conditions, with completion expected in the second quarter of 2025.