M&A Deal Summary

Fiserv Acquires CardFree

On September 4, 2025, Fiserv acquired internet software and services company CardFree

Acquisition Highlights
  • This is Fiserv’s 8th transaction in the Internet Software and Services sector.
  • This is Fiserv’s 38th transaction in the United States.
  • This is Fiserv’s 7th transaction in California.

M&A Deal Summary

Date 2025-09-04
Target CardFree
Sector Internet Software and Services
Buyer(s) Fiserv
Deal Type Add-on Acquisition

Target

CardFree

Sausalito, California, United States
CardFree provides an integrated solution to mobilize and enhance customer experience. CardFree provides end-to-end services to engage consumers with offers, loyalty, ordering, and payments. CardFree is based in Sausalito, California.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Fiserv

Milwaukee, Wisconsin, United States

Category Company
Founded 1984
Sector Information Technology
Employees42,000
Revenue 20.5B USD (2024)
DESCRIPTION
Fiserv's corporate headquarters in Brookfield, Wisconsin.
Fiserv's corporate headquarters in Brookfield, Wisconsin.

Fiserv provides information management and electronic commerce systems for the financial services industry, offering integrated technology and services that create value and results for clients. Clients include banks, credit unions, and thrifts, billers, mortgage lenders and leasing companies, brokerage, and investment firms. Fiserv was founded in 1984 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 44 of 46
Sector: Internet Software and Services M&A 8 of 8
Type: Add-on Acquisition M&A Deals 38 of 40
State: California M&A 7 of 7
Country: United States M&A 38 of 40
Year: 2025 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-23 Payfare

Toronto, Ontario, Canada

Payfare is an international Earned Wage Access ("EWA") company provides instant access to earnings through a digital banking platform for workforce. Payfare was founded in 2015 and is based in Toronto, Ontario.

Buy $202M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-25 Smith Consulting Group

Lake Mary, Florida, United States

Smith Consulting Group is a consulting and advisory firm specializing in services for banks, credit unions, and other financial institutions. Smith Consulting Group is based in Lake Mary, Florida.

Buy -