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Clover Network information


37°23′11.76″N 122°1′54.07″W / 37.3866000°N 122.0316861°W / 37.3866000; -122.0316861

Clover Network, Inc.
Company typeSubsidiary
IndustryPOS
FoundedOctober 2010
FoundersLeonard Speiser, John Beatty, Kelvin Zheng
Headquarters
Sunnyvale, California
,
United States
Area served
Worldwide
Number of employees
400+
ParentFiserv (through First Data)
Websitewww.clover.com

Clover is a cloud-based Android point of sale (POS) platform that was launched in April 2012. The company is headquartered in Sunnyvale, California, United States. As of the quarter ended September 2020, Clover processed $133 billion of annualized card transactions worldwide, making it the largest U.S. cloud POS firm.[1]

Clover was acquired on December 28, 2012, by First Data Corporation,[2] which itself was acquired by Fiserv, the world's largest merchant acquirer,[3] on July 29, 2019.[4] Bank of America Merchant Services was the first to announce it would sell Clover to its merchant base in October 2013.[5][6] PNC Merchant Services was the second to announce it would sell Clover to its merchant base.[7]

  1. ^ "Fiserv 2020 Investor Conference Presentation". Archived from the original on July 17, 2023.
  2. ^ "First Data Quietly Buys Payments Startup Clover; Launches Point of Sale Platform for Merchants". Archived from the original on September 22, 2021.
  3. ^ "The Nilson Report, Issue 1182, Sep 2020". Archived from the original on September 22, 2021.
  4. ^ "Fiserv Completes Combination With First Data Further Cementing Industry Leadership". October 19, 2023. Archived from the original on June 5, 2023. Retrieved April 28, 2024.
  5. ^ "POS Device Solutions for Small Business". Archived from the original on April 26, 2014. Retrieved April 25, 2014.
  6. ^ "First Data Unveils Sleek Clover Point-of-Sale Solution for Small Business | First Data". Archived from the original on April 26, 2014. Retrieved April 25, 2014.
  7. ^ "Meet The Clover® Family". PNC Bank. Archived from the original on March 14, 2016. Retrieved September 30, 2023.

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