Fiserv has entered into a definitive agreement to acquire Brazilian fintech Money Money Servicos Financeiros S.A., a financing engine connected to the receivables’ registry infrastructure regulated by the Brazil Central Bank.
Money Money provides working capital and other financial solutions to SMBs, based on a robust business analysis. Its technology and expertise in the segment complement Clover’s strategy of supporting the development of Brazilian SMBs in their payment, management, and cash flow needs.
Clover was first introduced to the Brazilian market in December and offers a differentiated set of capabilities to local businesses that includes an all-in-one payment solution, cash flow support, native applications, and a marketplace of systems and automation tools from the company’s leading software partners (ISVs).
Money Money Complements Fiserv’s Clover POS
The acquisition expands Fiserv’s services in Brazil, enabling small and medium-sized businesses (SMBs) to access capital that can be invested in the growth and maturation of their businesses.
With the launch of Clover in Brazil, Clover Capital fueled by Money Money will be integrated with the Clover platform to combine risk analysis technology with the predictive performance of clients’ businesses to generate personalized offers with competitive rates. The solution advances capital to businesses with a range of payment plans, backed by future receivables based on the merchant’s prior sales transactions.
Jorge Valdivia, General Manager of Fiserv in Brazil, said: “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. Our continued investment in the Brazilian market demonstrates our commitment to advance our clients’ business objectives by expanding our local capabilities.”
The acquisition is subject to regulatory approval and other customary closing conditions and is expected to close in the second quarter of 2025.
Fiserv Brings Clover POS System to Australia
Fiserv recently announced that its Clover point-of-sale platform is now available in Australia. The company described Clover as the world’s smartest POS system, combining proprietary hardware and software to offer small and medium-sized businesses an all-in-one solution. Clover now operates in 11 countries and powers 3.5 million point-of-sale devices globally. The platform integrates payments, inventory, accounting, employee management, and customer engagement tools, replacing fragmented systems with a single, scalable setup. It is designed for the retail, service, and hospitality sectors.
The platform offers several hardware options for local merchants: Clover Flex, a handheld device; Clover Mini, a compact countertop system; Station Duo, which features dual screens; and Clover Kiosk, designed for self-ordering. The systems aim to simplify operations while improving both customer and employee interaction.
Shane Jaque, owner and operator of Sneaky Burger and a pilot merchant for Clover in Australia, commented, “Clover Mini and Station Duo have transformed how we run our business. Our customers love being able to see and review their orders in real time on the customer-facing display, ensuring accuracy and a smoother checkout experience. The option for digital receipts is a great touch, and Clover’s offline payment support has been a game-changer at outdoor festivals. Managing our complex menu is now much easier—uploading and updating items is quick and hassle-free, saving us valuable time and effort.”
Clover’s Web Dashboard provides centralized control across locations, allowing business owners to track sales, manage customer engagement, and oversee employee performance. Data is accessible from any device and stored securely online. Fiserv is supporting the launch with seven-day-a-week customer service, including on-site technician visits when needed. The company said Clover will continue to evolve with regular updates to apps, hardware, and features based on merchant feedback.