Fiserv Acquires Ondot Systems
December 16, 2020
Fiserv, a global provider of financial services technology, signed a definitive agreement to acquire Ondot Systems, a digital experience platform for financial institutions that powers card-level digital services and transaction enrichment. The acquisition expands Fiserv's digital capabilities—particularly real-time authorization, AI-driven contextual engagement, and card services—to help clients deliver frictionless, personalized payment and banking experiences. Financial terms were not disclosed; the transaction was expected to close in Q1 2021 subject to customary approvals.
- Buyers
- Fiserv, Inc.
- Targets
- Ondot Systems, Inc.
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Buyout
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