Fiserv (FISV) Soars 3.22% on Partnership, Earnings

Generated by AI AgentAinvest Movers Radar
Monday, May 12, 2025 6:58 am ET1min read
PSFE--

Fiserv's stock price surged by 3.22% in pre-market trading on May 12, 2025, reflecting a positive market sentiment towards the company's recent developments and strategic initiatives.

Fiserv, a leading global provider of financial services technology, has recently expanded its partnership with PaysafePSFE--. This enhanced collaboration aims to drive growth for small and medium-sized businesses (SMBs) by providing improved capital access, advanced fraud protection, and a new digital wallet solution. This strategic move is expected to bolster Fiserv's market position and attract more clients seeking comprehensive financial services.

In addition to the partnership expansion, FiservFI-- reported strong financial performance for the first quarter of 2025. The company's revenue for the period from January 1 to March 31, 2025, reached $51.30 billion, marking a 5.06% year-over-year increase. The net profit for the same period was $8.48 billion, a 12.77% increase compared to the previous year. These robust financial results underscore Fiserv's operational efficiency and market competitiveness, further contributing to the positive market sentiment.

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