Fiserv (FISV) Soars 3.22% on Partnership, Earnings

Mover TrackerMonday, May 12, 2025 6:58 am ET
1min read

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 Paysafe. 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, Fiserv 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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