Workflow
merger and acquisition
icon
Search documents
Fiserv Acquires StoneCastle to Add Insured Deposit Funding Solutions
PYMNTS.comยท 2025-12-18 00:55
Core Insights - Fiserv has completed the acquisition of StoneCastle Cash Management, integrating its institutional deposit network into the Fiserv ecosystem [1][2] - This acquisition enhances Fiserv's ability to provide insured deposit funding solutions and expands its ecosystem capabilities, which include core account processing, digital banking, and payments platforms [2] Group 1: Acquisition Details - The acquisition allows Fiserv to offer a stable deposit source for banks and a high-yielding alternative for merchant clients, enhancing cash management [3] - StoneCastle's liquidity benefits will support Fiserv's FIUSD stablecoin solution, aiming to unlock new revenue opportunities and deepen client relationships [4][5] Group 2: Strategic Implications - The integration of StoneCastle is expected to accelerate innovation and expand Fiserv's reach to financial institutions and depositors [6] - Fiserv's recent acquisitions, including CardFree and the remaining stake in AIB Merchant Services, indicate a strategic focus on enhancing its merchant services and payment solutions across Europe [6][7]