Fiserv Completes Acquisition of Payfare
March 3, 2025
Fiserv, through its affiliate 1517452 B.C. Ltd., has completed the acquisition of Payfare Inc. under a plan of arrangement. Payfare’s Class A shares will be delisted from the Toronto Stock Exchange and withdrawn from OTCQX, and the company will integrate Payfare’s instant-pay and mobile banking capabilities to expand Fiserv’s payments and fintech offerings.
- Buyers
- Fiserv, Inc., 1517452 B.C. Ltd. (affiliate of Fiserv, Inc.)
- Targets
- Payfare Inc.
- Industry
- Payments & Fintech
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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