About This Deal

FISERV INC acquired NetPay Solutions Group, a transaction completed in November 2021, structured as All-cash.

NetPay Solutions Group operates in Acceptance / payment service provider. NetPay Solutions Group ('NetPay') is a multi-channel payment service provider offering capabilities around onboarding, customer lifecycle, risk management, and settlement to businesses of all sizes; Fiserv acquired the remaining ownership interest.

It further expands Fiserv's ability to develop and deliver a wide range of customer-focused solutions and seamless payments experiences for its clients.

Disclosed in Fiserv's FY21 Form 10-K; integrated into the noted operating segment.

Deal Terms

Acquirer
FISERV INC
Target
NetPay Solutions Group
Value
Not disclosed
Date
November 2021
Type
Full acquisition
Status
Ready

Transaction Details

Segment
Acceptance / payment service provider
Structure
All-cash
Announced
November 15, 2021
Closed
November 15, 2021

In Their Words

NetPay Solutions Group ('NetPay') is a multi-channel payment service provider offering capabilities around onboarding, customer lifecycle, risk management, and settlement to businesses of all sizes; Fiserv acquired the remaining ownership interest.Fiserv FY21 Form 10-K, Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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