Milwaukee, WI and Melbourne, Australia – Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it acquired Pinch Payments, a payment facilitator (PayFac), known for leading PayFac enablement and its management platform “Glassbox”.
Founded in 2017 and serving approximately 2,000 merchants throughout Australia and New Zealand, Pinch offers comprehensive tools to facilitate payments more efficiently at scale. This acquisition provides Fiserv with a payment orchestration platform that supports flexible service options and speed to market for PayFacs, ISVs, BPSPs, ISOs and Enterprises. Bringing Pinch into the Fiserv ecosystem enhances the Company’s reach with access to more merchants and delivery of new, innovative solutions including the leading cloud-based SaaS business operating platform with Clover to merchants throughout APAC.
“This acquisition further demonstrates Fiserv’s commitment to the local payments market, following our recent launch of Clover in Australia,” said Gavin Jones, Head of Fiserv Australia. “By integrating our leading digital payments solutions with Pinch’s innovative technology and local expertise, we are able to deliver innovative payment solutions to empower merchants across the APAC region. We welcome the Pinch associates to the Fiserv family and are committed to seamless integration of services for our customers.”
“Joining Fiserv is an incredible opportunity for the Pinch team and furthers our mission to provide seamless partner experiences to a growing number of merchants,” said Paul Allen, Co-Founder and CEO at Pinch Payments. “Having worked closely with the Fiserv team, I am confident in our roadmap to expand into new markets.”
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps customers achieve the best results through a commitment to innovation and excellence in areas such as account processing and digital banking solutions; processing of card issuers and network services; Payments; e-commerce; acquiring and processing business; and the cloud-based business management and point-of-sale platform Clover®. Fiserv is a member of the S&P 500® Index and has been recognized by Fortune® with the title of World’s Most Admired Companies™ in nine of the last 10 years.
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Media Contact
Company Name: Pinch Payments
Contact Person: Joe McCord
Email: Send Email
City: Brisbane
State: QLD
Country: Australia
Website: https://getpinch.com.au/