Fiserv completes European expansion strategy with full acquisition of AIB 🤝🇪🇺; UK’s strategic AI alliance with NVIDIA to transform financial services innovation 🤖💸
FinTech is Eating the World, 10 June
Hey Everyone,
Good day & happy Tuesday! Today we’re looking into Fiserv, which completes its European expansion strategy with full acquisition of AIB (what it’s all about, why it matters & what to expect next + bonus deep dive into Fiserv’s latest financials & other notable recent FinTech M&As), and UK’s strategic AI alliance with NVIDIA to transform financial services innovation (why it could be huge & what it means for the future of FinServ + 9 artificial intelligence guides to get the most from AI). Let’s just jump straight into the interesting stuff 🌶️
Fiserv completes European expansion strategy with full acquisition of AIB 🤝🇪🇺
The news 🗞️ Payments giant Fiserv FI 0.00%↑ has reached an agreement to acquire the remaining 49.9% stake in AIB Merchant Services that it does not currently own, marking a significant step in the payment processor's European expansion strategy.
The transaction will give the Milwaukee-based company full control of one of Ireland's largest payment solution providers and one of Europe's most prominent e-commerce acquirers.
Let’s take a quick look at this, see why it matters, and what’s next.