Fiserv Loses Gusto as KKR Cashes Out and Firm Loses Large Processing Customer
Posted on 10/27/2021
Fiserv Inc. revealed the loss of a large processing customer during its earnings call. Some speculate that customer is payments giant Stripe. The company’s clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers. KKR originally acquired First Data Corporation in 2007 for about US$ 29 billion in one of […]
