Fiserv provides financial technology and services to banks, credit unions, merchants, and other financial firms, with offerings across Payments and Industry Products and Financial Institution Services. Its products work by delivering software licensing, transaction processing, and professional services that enable account processing, merchant acquiring, POS technology, core banking, and digital payment networks through integrated solutions that connect banking, payments rails, and commerce. The company differentiates itself by acting as a single supplier of an end-to-end technology stack, enabling cross-sell opportunities and growth through acquisitions. Its goal is to help financial institutions and merchants run payments and banking operations efficiently at scale and to expand market reach with a comprehensive suite of integrated technologies and services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Milwaukee, Wisconsin
Founded
1984
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Performance Bonus
Company Equity
Why Pentair's CFO hire signals a shift in what industrial companies want from finance leadership. September 24, 2026 September 23, 2026 Pentair has appointed Bob Hau, formerly CFO at Fiserv, to lead its finance function as the company prepares to close a $1.4 billion acquisition of Taco Group. The appointment stands out because Hau comes from a payments and fintech environment, stepping into a traditional industrial manufacturing role. A similar pattern is emerging in our Financial Advisory searches across the DACH region. Industrial companies that historically promoted from within their sector are now actively seeking finance leaders with experience in high-transaction, data-intensive environments. A manufacturer in Stuttgart recently asked us to prioritise candidates who had managed finance transformation at scale, specifically naming fintech and software backgrounds as preferable to sector experience. The reasoning is practical. Companies facing complex integrations, like Pentair with its Taco Group deal, need CFOs who have lived through multiple acquisition cycles where system harmonisation and financial data architecture were central challenges. Clients are asking us to find candidates who can stand up consolidated reporting across disparate ERP environments within months of deal close, and that specific capability now outweighs years spent in the same sector when shortlists are built. Senior finance professionals in traditional industrial roles should consider how their experience reads: sector depth or transformation capability. Both carry weight. The Pentair appointment suggests that sector pedigree may be less predictive of success than it was five years ago, particularly when the mandate involves post-merger integration. Finance leaders who can point to specific ERP consolidation work, cross-border treasury integration, or rapid close cycles following an acquisition are the ones landing on shortlists first. Prompted by reporting from CFO Dive.
Nscale appoints Frank Slootman to the Board of directors and Adam Rosman as Chief Legal Officer. Nscale, the full-stack AI cloud platform, announced two appointments to strengthen its governance and leadership functions. Frank Slootman, Chairman of the Board and former CEO of Snowflake, has been appointed to Nscale's Board as an Independent Director effective immediately. Adam Rosman has been appointed Chief Legal Officer and will start October 1, 2026. "We're excited to welcome Frank and Adam to Nscale," said Josh Payne, Founder and CEO of Nscale. "Frank built three companies into category leaders, took them public, and raised the standard of execution at every one, and Adam has spent his career guiding companies through transactions that shape industries. We're proud to be building a team with that depth of experience." Frank Slootman, Independent Director Slootman serves as Chairman of the Board of Snowflake, where he was CEO from 2019 until 2024. He led the company through its 2020 initial public offering, the largest software IPO on record at the time. He was previously CEO of ServiceNow from 2011, taking the company public in 2012 and expanding it from a help-desk provider into a broader enterprise platform. Prior to that, he was CEO of Data Domain, which he took public in 2007 and which was subsequently acquired by EMC, where he went on to serve as President of the Backup Recovery Systems Division. "Nscale represents the next generation of enterprise platforms, built from the ground up for the AI revolution," said Frank Slootman. "It's an honor to join the super talented Nscale team that will usher in a new era in computing and intelligence." Slootman's appointment follows the recent addition of Fidji Simo to Nscale's Board. The full Board also includes Sheryl Sandberg, Susan Decker, Nick Clegg, Øyvind Eriksen, Rael Nurick, Jacob Leschly, and Josh Payne. Adam Rosman, Chief Legal Officer Rosman joins Nscale from Fiserv, where he serves as Chief Legal and Administrative Officer. He will report directly to Josh Payne. "Nscale is building the infrastructure and software layer powering the next industrial revolution," said Adam Rosman. "Joining at this moment as the company scales globally is a rare opportunity, and I look forward to being part of this management team which has such genuine operating depth and expertise. I am excited to lead and build Nscale's legal, regulatory, and governance functions for the next phase of the company's growth and expansion." Rosman brings more than 30 years of legal and operating experience across payments, financial services and regulated industries. He joined Fiserv in July 2021, leading legal, compliance, government relations, and several other functions. Before Fiserv, Rosman was Executive Vice President and General Counsel of OneMain Financial, where he oversaw legal, compliance, government relations and audit. He served as Executive Vice President and General Counsel of First Data from 2014 to 2019 and played a central role in its merger with Fiserv. Earlier, he was Executive Vice President and Group General Counsel of Willis Group Holdings, responsible for legal, compliance, audit, and risk management, and Senior Vice President and Associate General Counsel at Cablevision Systems Corporation. Rosman began his career in public service, clerking for U.S. District Court Judge Gladys Kessler and serving as a federal prosecutor in the U.S. Attorney's office in Washington, D.C., and as Deputy Staff Secretary to President Bill Clinton. He was also in private practice as a partner at Zuckerman Spaeder LLP.
Thoriva acquires Fiserv's Education Platform to expand mission AI. * 4 hrs ago Acquisition extends Thoriva's mission-critical platform and AI capabilities into loan platforms VIENNA, VA, UNITED STATES, September 14, 2026 /EINPresswire.com/ - Thoriva, Inc., a provider of AI-driven mission-critical solutions, announced today that Infinite MS, Inc., an affiliate of Thoriva within the Infinite Computer Solutions group of companies, has acquired the Education Platform from Fiserv, Inc. to be operated under Thoriva. The acquisition expands Thoriva's government technology portfolio into loan servicing, extending the company's mission to modernize complex, mission-critical government systems. Loan platform technologies require high-volume transaction processing and adherence to stringent regulatory requirements, an area of increasing focus for federal and non-federal loan programs. By combining Fiserv's Education Platform with Thoriva's mission AI platform, Thoriva will define the future of modern loan servicing technology. "This acquisition marks Thoriva's entry into loan platforms, one of the most complex environments in government technology," said Kevin Brault, President and CEO of Thoriva. "Our strategy is to bring modern technology to government systems where accuracy, accountability and reliability matter most. The Loan Servicing Platform is a natural extension of that mission." Jon Barnett, who has nearly 30 years of experience with the platform and led Fiserv's education business, will continue his leadership as Vice President of Loan Platforms at Thoriva. "I am excited to join the Thoriva team and begin this next chapter for the Education Platform. This combination creates an outstanding opportunity to build on the platform's proven foundation while accelerating modernization and the thoughtful adoption of AI. Together, we will continue supporting our loan servicing clients and their customers while evolving the platform to meet their changing needs well into the future," said Barnett. About Thoriva, Inc. Thoriva is an AI technology company delivering intelligent, data-driven solutions to transform government operations. A wholly owned subsidiary of Infinite Computer Solutions and based in Vienna, VA, Thoriva applies AI and automation to the essential business challenges facing federal, state, and local government agencies, embedding intelligent capabilities into existing systems and workflows to boost speed, accuracy, and operational efficiency without disrupting critical infrastructure. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the anticipated benefits of the acquisition and the future modernization of, and development of artificial intelligence capabilities for, the acquired platform. Words such as "will," "expect," "intend," "plan," and "pursue" identify such statements. Actual results may differ materially as a result of factors including the transition and integration of the acquired platform, continued reliance on transition services provided by the seller, the retention of customer relationships and transferred personnel, the timing and cost of modernization and artificial intelligence development, and changes in federal student aid policy, procurement, and loan servicing requirements. These statements speak only as of the date of this press release, and Thoriva undertakes no obligation to update them except as required by law. Media Relations Thoriva, Inc. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Mycarrollcountynews do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. Media gallery
PayPal CEO plans for a 'fix' Can selling financial services to consumers, organizing the business into three units and pursuing acquisitions repair the digital payments pioneer? Published Sept. 11, 2026 When Enrique Lores took the CEO post at PayPal Holdings this year, he knew the 28-year-old payments company needed to be "fixed," he said this week at an investor conference. Now, the company's former board chairman, who became CEO in March, has a plan for repairing the company: reorganizing it into three main segments; selling more financial services to consumers; and pursuing acquisitions. Lores mapped out those objectives during a presentation to investors Wednesday at the Goldman Sachs Communicopia and Technology conference. With PayPal's stock down 20% over the past year, investors are eager to hear how Lores expects to resuscitate the San Jose, California company. That's especially the case after a reported sale of the business collapsed last month. Without a sale, PayPal once again faces challenges on three key fronts, Mizuho Securities analyst Dan Dolev wrote in a report last month. They include PayPal's legacy checkout brand becoming a commodity play; potential share loss in Germany; and the threat to PayPal's peer-to-peer payments unit Venmo posed by a competing X tool, Dolev said. Part of the Lores plan is reviewing possible acquisitions for PayPal this year, he said at the conference. "If we do M&A, it will be totally related to the growth strategy that we have defined." As for timing, he said "at some point in the next quarter, we will start looking at that." Lores didn't elaborate on the types of acquisitions the company might be interested in. Dolev said this week that he hadn't heard of any such plans. But recently the company has been getting smaller, not bigger. PayPal has been considering divestitures, and this month began reducing its workforce as it strives to deliver $1.5 billion in annual run rate savings over the next few years. Lores reiterated this week that integrating the technology assets that the company has accumulated over the years through its acquisitions is part of his plan to modernize PayPal's technology infrastructure. Aside from the PayPal brand, the company also includes Braintree, which caters to big companies as well as Venmo. To pull off these initiatives, Lores has rearranged the organizational structure he inherited around three new units, including branded checkout; processing and Venmo; and consumer financial services. Lores said he believes establishing leaders and goals for each of those three segments will improve performance. "The major reason to do that was to increase and clarify accountability, and to accelerate decision-making," Lores said of the realignment. In April, Frank Keller was named president of the PayPal branded business, including checkout solutions, debit card services and advertising services, as part of the company's "strategic reorganization" creating three separate operating businesses within the company, per a press release then. He joined the company 15 years ago in May 2011, according to his LinkedIn profile. Jeff Pomeroy, a former Fiserv executive, was named as "interim lead" for the separate payment services and crypto business, also in April. His LinkedIn profile notes that he is leading that unit. Alexis Sowa, a former manager at Block's Square, was appointed as the "interim lead" for the consumer financial services and Venmo business unit. Her current LinkedIn profile title is general manager for Venmo and a senior vice president. A PayPal spokesperson declined to comment on the timing for determining permanent leaders for the interim roles. To generate more profitable revenue, Lores is intent on having the company focus more on its consumer customers, who sit on the other side of merchants in PayPal's two-sided network. The company has overemphasized its merchant client side in the past, at the expense of cultivating more consumer revenue, he said.
eBaoTech vs Fiserv: Revenue, Funding & Team size compared. eBaoTech generates $336M in revenue; Fiserv generates $20.5B. Fiserv is 61x bigger than eBaoTech by revenue. The table below compares eBaoTech and Fiserv on funding, valuation, customers, team size and headquarters - every figure GetLatka has verified for each company. | Company | eBaoTechThis company | Fiserv | | Revenue | $336M | $20.5B | | Valuation | Not disclosed | $204.6B | | Funding raised | $36M | $122.5M | | Customers | Not disclosed | 4.3M | | Team size | 838 | 39.4K | | Founded | 2000 | 1981 | | HQ | Shanghai, China | United States | Want the full dataset? GetLatka tracks revenue, funding and team history for thousands of SaaS companies, with charts, growth rates and founder interviews. eBaoTech at a glance. eBaoTech generates $336M in revenue with 838 employees, headquartered in Shanghai, China. * Revenue - $336M * Funding - $36M * Team size - 838 * Founded - 2000 eBaoTech is a technology solution provider for global insurance industry with a company mission to make insurance easy. Fiserv at a glance. Fiserv generates $20.5B in revenue with 39.4K employees, headquartered in United States. * Revenue - $20.5B * Valuation - $204.6B * Funding - $122.5M * Customers - 4.3M * Team size - 39.4K * Founded - 1981 Provider of enterprise portfolio management solutions to the financial services industry. The company also designs, develops, and markets the global investment manager software systems for automated financial portfolio management. The... Other eBaoTech alternatives. eBaoTech competes with more than the companies on this page. Browse the full alternative lists to compare revenue, funding and team size across the category. eBaoTech vs Fiserv: frequently asked questions. Is eBaoTech or Fiserv bigger? Fiserv is the bigger company by revenue, at $20.5B against $336M for eBaoTech. How much revenue does eBaoTech make? eBaoTech generates $336M in annual revenue with a team of 838. How much revenue does Fiserv make? Fiserv generates $20.5B in annual revenue with a team of 39.4K. How much funding has eBaoTech raised? eBaoTech has raised $36M in total funding since it was founded in 2000. How much funding has Fiserv raised? Fiserv has raised $122.5M in total funding since it was founded in 1981.