NYSE-listed Fiserv Inc. has agreed to acquire Brazilian Fintech Money Money Serviços Financeiros SA in an all-cash deal that will deepen its lending capabilities for small and medium-sized merchants, the US payments major said.
Under the definitive agreement, Fiserv will fold Money Money’s receivables-based financing engine—which taps into the Brazilian central bank’s receivables registry—into its Clover Capital platform.
The integration will enable merchants using Clover’s point-of-sale terminals to access working capital based on future sales, with risk assessment driven by predictive analytics on prior transaction data.
Fiserv introduced its Clover suite to Brazil in December, offering local merchants an integrated payments terminal, cash-flow management tools and a marketplace of software from independent vendors.
The acquisition of Money Money, valued at roughly undisclosed terms beyond the A$65 million transaction for Selfwealth earlier this week, underscores Fiserv’s urgency to capture share in Latin America’s expanding digital-payments market.
“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 for Fiserv Brazil.
He added that the deal will bolster the company’s commitment to supporting merchants’ operational scaling and technological upgrades.
Money Money, which specialises in receivables-backed loans to underserved SMBs, has built a track record of underwriting power-curve financing through regulatory-compliant infrastructure.
Fiserv said combining that capability with its Clover platform will allow tailored financing offers at competitive rates, reducing reliance on traditional bank credit lines.
The acquisition is subject to customary regulatory approvals in Brazil and is expected to close in the second quarter of 2025. Once completed, Money Money will operate as a private subsidiary, preserving its headquarters in São Paulo, and retaining its local management team.
The move follows Fiserv’s broader Latin America strategy, which includes recent partnerships with local banks and digital-wallet providers to capitalize on rising mobile-payment adoption.