Fiserv concludes listing transfer to New York Stock Exchange

New York

Fiserv, a worldwide supplier of financial services and payment solutions, reported the successful migration of its shares to the New York Stock Exchange (NYSE).

The declaration was made subsequent to Fiserv's inclusion in FORTUNE® 500 for the eighth year in a row on June 5.

To celebrate the finalization of the listing process, the corporation will ring the NYSE Opening Bell at 9:30AM Eastern Time.

Frank Bisignano, who is the chairman, president, and chief executive officer of Fiserv, stated that being at the forefront of fintech nowadays isn't just about facilitating financial transactions and money transfers, it's also about creating innovative changes alongside the already established players within the industry. According to Bisignano, Fiserv's transfer to the NYSE and the introduction of a fresh ticker symbol - FI - shows the world that they are the leading company when it comes to fintech.

Established in 1984, Fiserv caters to about 12,000 customers residing in 100 nations. The firm recently proclaimed that their net profit for the financial year 2022 was $2.6bn, an increase from $1.4bn generated in the previous year.

The company that offers payment and financial services made a big purchase in January of 2019 when they bought First Data, a worldwide merchant processor and collector, for a whopping $22 billion. They continued their growth by purchasing The LR2 Group for $26 million in September of 2022, landing them a spot among the top M&A transactions in the payment industry.

At the same time, Fiserv's ambition to expand and develop has prompted the company to collaborate with other enterprises in order to introduce fresh merchandise.

Last March, the business collaborated with Central Payments, which enabled fintech companies, big corporations and payment facilitators to offer their customers with financial amenities and utilities.

The NYSE president, Lynn Martin, expressed her greeting of Fiserv's debut on the NYSE by acknowledging its listing.

Martin expressed excitement in announcing that Fiserv, a well-known pioneer in financial technology and payment industries, will be joining the NYSE network. Fiserv will be joining a community of innovators, game changers, and influential figures who continuously push for technological advancements worldwide.

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