Fiserv to acquire Brazilian fintech Money Money
Fiserv expands its presence in Brazil with the acquisition of fintech Money Money, enhancing Clover’s capital solutions for SMBs and driving growth in Latin America’s financial ecosystem.
Fiserv Inc. a global leader in payments and financial technology, has signed a definitive agreement to acquire Brazilian fintech Money Money Serviços Financeiros S.A.
The acquisition strengthens Fiserv’s presence in Brazil and enhances its ability to offer capital access solutions for small and medium-sized businesses (SMBs) across the country.
Boosting capital access for Brazilian SMBs
Money Money specializes in delivering financial solutions to SMBs through a proprietary financing engine that taps into Brazil’s regulated receivables registry infrastructure. The platform conducts robust business analyses to offer working capital and other credit options tailored to merchants’ needs.
This move aligns with the broader Clover strategy in Brazil, aiming to support SMBs not only in their payment processing but also in cash flow management and business growth. By integrating Money Money’s financing capabilities, Fiserv adds a new layer of value to its existing suite of services.
Clover capital fueled by Money Money
With the recent launch of Clover in Brazil, Fiserv now introduces Clover Capital, powered by Money Money. This integration will offer personalized financing offers by combining predictive business performance data and risk analysis technology. Merchants will be able to access flexible capital advance options, with repayment plans backed by future receivables derived from their previous sales.
According to Jorge Valdivia, General Manager of Fiserv in Brazil, this addition reflects the company's ongoing mission: “facilitating access to resources that allow SMBs to invest in improvements and processes.” The acquisition underscores Fiserv’s continued investment in Brazil, enhancing local capabilities for business clients.
Clover’s expansion in Brazil
Since launching in Brazil in December, Clover has delivered an all-in-one payment and business management solution. The platform includes built-in cash flow tools, native applications, and a marketplace of automation systems developed by top software partners (ISVs).
The acquisition of Money Money is expected to close in Q2 2025, subject to regulatory approvals and standard closing conditions.
With the acquisition of Money Money, Fiserv reinforces its commitment to empowering Brazilian SMBs through innovative financial technology. By expanding Clover’s capabilities to include integrated capital solutions, Fiserv positions itself as a comprehensive partner for business growth in Brazil. As the fintech landscape evolves, this strategic move strengthens Fiserv’s competitive edge and deepens its footprint in one of Latin America’s most dynamic markets.