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fiserv reports strong growth and new wins in embedded finance sector

In December 2020, Fiserv announced $120 million in new issuer wins, which successfully went live by November 2023, alongside an additional $125 million in new wins. The company continues to see growth in embedded finance, exemplified by its partnership with DoorDash, which has successfully launched a payment processing system for drivers. Clover, a key product for Fiserv, is projected to reach $3.5 billion in revenue by 2025, with ongoing investments in new services and international verticals driving its growth.

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