FIS: A Global Fintech Powerhouse

Fidelity National Information Services (FIS) is a leading American financial technology company that processes approximately 75 billion transactions annually, moving $9 trillion for over 20,000 clients worldwide. Founded in 1968 as Systematics in Little Rock, Arkansas, the company grew through strategic acquisitions—most notably purchasing Worldpay for $35 billion in 2019, which made it the world's largest processing and payments company. However, following pressure from activist investors, FIS spun off its merchant business in 2024, selling a 55% stake in Worldpay to private equity firm GTCR for $11.7 billion. In a dramatic 2025-2026 reversal, Global Payments acquired Worldpay for $22 billion, while FIS simultaneously purchased TSYS for $13.5 billion, reshaping the payments landscape. The company reported $14.51 billion in revenue in 2024, with strong growth following its restructuring. Today, FIS serves as a vital backbone for retail and investment banking through products like its "Profile" banking application, maintaining its position as a top-tier fintech innovator.