Fiserv Strengthens European Market Position with CCV Acquisition
Expanding Clover Platform and Enhancing Customer Experience
From a Press Release Dated March 19, 2025, Milwaukee & Arnhem
Fiserv has acquired CCV, a payment solutions provider operating in the Netherlands, Belgium, and Germany. The acquisition will allow Fiserv to deploy its Clover platform and operating system across Europe and provide enhanced capabilities to a broader merchant and partner base. CCV was founded in 1958 and has grown into a prominent player in omnichannel payment solutions.
The acquisition of CCV by Fiserv aims to optimize the operational and client support models of both companies, creating a robust omnichannel offering. It provides several key benefits:
Accelerated European expansion: Fiserv can now deploy its Clover platform and operating system more rapidly across Europe, enhancing its presence in the Netherlands, Belgium, and Germany
Enhanced capabilities: The acquisition provides Fiserv with improved payment solutions capabilities and innovation across the European market, offering enhanced features to a broader merchant and partner base
Strengthened omnichannel offerings: By optimizing the operational and client support models of both companies, Fiserv can create a more robust omnichannel payment solution for European businesses
Access to established client base: CCV serves more than 600,000 businesses with end-to-end payment solutions in Europe, giving Fiserv immediate access to a significant customer network
Technological synergies: The integration of CCV's payment processing infrastructure with Fiserv's suite of products allows for operational efficiencies and the ability to offer more comprehensive payment solutions
Historical expertise: CCV's 67-year history and pioneering role in Dutch electronic payments provide Fiserv with valuable local market knowledge and an established reputation
Competitive positioning: The acquisition strengthens Fiserv's ability to compete with other global payment giants in the European market, aligning with its international growth strategy