Fiserv, a provider of payments and financial services technology headquartered in the US, has acquired CCV, a payment solutions provider operating in the Netherlands, Belgium, and Germany.
The acquisition aims to expand Fiserv’s presence in Europe and accelerate the deployment of its Clover platform. The financial terms of the deal were not disclosed.
Founded in 1958 in Arnhem, Netherlands, CCV played a role in introducing electronic payments to the country in the 1970s.
The company has since expanded its operations across Belgium and Germany, offering omni-channel payment solutions.
The acquisition will integrate CCV’s services with Fiserv’s existing payment systems, providing businesses with a unified payment processing platform.
“The addition of CCV enables Fiserv to accelerate the deployment of our Clover platform and operating system, providing enhanced capabilities and innovation to our clients across Europe,”
said Katia Karpova, Head of the EMEA region at Fiserv.
“We have a deep appreciation for the reputation CCV has built over its 67-year history.”
Michiel Bijleveld, Chief Technology and Innovation Officer at CCV, stated:
“Businesses are continuously looking for ways to operate more effectively with secure, value-added applications and services. Providing our merchant and partner network with Fiserv’s suite of products allows them to access reliable payment technology.”
Featured image credit: edited from freepik
