Fiserv has acquired Pinch Payments, enhancing its payment service offerings in the APAC region.

Information on the Target

Founded in 2017, Pinch Payments is a prominent player in the payment processing sector, providing cutting-edge financial technology solutions. With a clientele of approximately 2,000 merchants across Australia and New Zealand, Pinch specializes in offering comprehensive tools designed to streamline payment processes, allowing businesses to operate more efficiently and effectively.

Pinch Payments has rapidly grown by adapting to the evolving needs of modern merchants, focusing on scalable solutions that enhance their clients' payment capabilities. This strategic positioning has made Pinch an attractive target for larger companies seeking to expand their service offerings in the competitive financial technology landscape.

Industry Overview in Australia and New Zealand

The payments industry in Australia and New Zealand has experienced significant transformation in recent years, driven primarily by technological advancements and changing consum