Fidelity National Information Services (FIS) is targeting revenue growth through acquisitions, with the company’s banking services division expected to grow by 3.5% to 4.5% annually by 2026. The smaller, higher-margin capital markets services division is projected to grow between 7.5% and 8.5% next year. FIS has solidified its strategy following the sale of a 55% stake in its Worldpay business to GTCR, focusing on small acquisitions to enhance its banking and capital market divisions. CEO Stephanie Ferris emphasized the importance of executing well with existing products and driving delivery to achieve accelerated revenue growth. Key focus areas for acquisitions include digital, payments, and commercial lending.
Financial Technology (FinTech), Private Equity, Banking, Capital Markets,United States
https://mergersacquisitions.einnews.com/article/712133676/J2uxawVKT49wA9HS?ref=rss&ecode=Q1vNcweEggLWKz7L