FIS Secures Seventh Place in Top 100 FinTech Companies

Share this article
Share this article
Prioritise Us on Google
Stephanie Ferris, CEO of FIS
Global payments processor FIS claims seventh spot in Top 100 list with recent announcements for improved banking frameworks and AI integration

FIS has been named the seventh company in the Top 100 FinTech Companies list, recognising the US-based firm that processes over 40 billion transactions annually and capabilities spanning more than 75 countries. 

The company reported revenue of US$10.1bn for full-year 2024, representing a 4% increase on an adjusted basis, whilst repurchasing US$4bn of shares throughout the year. 

For 2025, FIS projects accelerated revenue growth with adjusted earnings per share growth of 9% to 11%.

Youtube Placeholder

Dual transactions reshape business model

In April 2025, FIS announced two transactions that fundamentally altered its business structure. 

The company agreed to acquire Global Payments' Issuer Solutions business for US$13.5bn whilst simultaneously selling its 45% stake in Worldpay to Global Payments for US$6.6bn

The Issuer Solutions acquisition brings credit processing capabilities that complement FIS' existing debit processing systems. F

Youtube Placeholder

IS maintains partnerships with over 170 financial institutions and corporate clients.

"The acquisition of Issuer Solutions is a strategic and accretive transaction that will expand FIS' payment product suite and deepen our relationships with financial institutions and corporate clients," Stephanie Ferris, Chief Executive Officer and President of FIS said in a statement at the time. 

FIS expects the acquisition to unlock net EBITDA (earnings before interest, taxes, depreciation, and amortisation) of more than US$150m by year three and drive long-term revenue synergies in excess of US$125m annually.

The transaction represents a multiple of approximately nine times the expected 2025 synergised EBITDA and is expected to close in the first half of 2026, subject to regulatory approvals.

Stephanie Ferris, CEO of FIS. Credit: FIS

Technology Portfolio Spans Banking Lifecycle

Founded in Little Rock in 1968 as Systematics, FIS was acquired by ALLTEL Information Services before being sold to Fidelity National Financial in 2003, which renamed it Fidelity National Information Services. 

In February 2025, Gartner recognised FIS as a Leader in its Magic Quadrant for Retail Core Banking Systems, North America. 

The company's HORIZON and Integrated Banking Solutions products received high customer experience ratings, whilst its Modern Banking Platform was named in the Visionary quadrant.

In September 2025, FIS launched its Bank Modernization Framework, which allows financial institutions to modernise their technology stacks through incremental upgrades or full core transformation. 

The framework encompasses the company's full suite of core banking solutions, Code Connect API Marketplace, and Digital One platform.

"This framework is not just a solution for today, but a strategic investment for the future," said Peter Boyer, Senior Vice President and Interim Head of Banking at FIS. 

Peter Boyer, Head of Banking (Interim) at FIS

"Helping our clients define and execute this journey against the specific, personalised outcomes they want to achieve was the genesis for this launch."

Earlier in the month, FIS announced a partnership with Glia to integrate AI-powered customer interaction capabilities into its Digital One online banking platform. The integration enables financial institutions to deploy AI agents for routine inquiries whilst routing complex issues to human agents.

"At FIS, we're committed to unlocking financial technology at every touch point of the customer experience," said Hashim Toussaint, Head of Retail Digital and Open Banking at FIS. 

"By integrating Glia's sophisticated AI and digital interaction capabilities into our Digital One platforms, we're enabling banks and credit unions to reap the benefits of a virtual workforce and high-touch, personalised service."

Hashim Toussaint, General Manager (SVP), Head of Retail Digital & Open Banking Solutions at FIS

How Stephanie Ferris is Leading FIS

Stephanie Ferris became CEO and President of FIS in December 2022, making her the first woman to lead the company in its history. 

She was named as one of the top three Women in Fintech earlier this year.

Under her leadership, FIS completed the Worldpay separation in January 2024 and executed the company's Future Forward strategy.

"2024 was a year of positive momentum for FIS. We successfully completed the Worldpay separation, and made significant progress executing on our Future Forward strategy," said Stephanie. 

"Our 2025 outlook reflects acceleration in the business as we look to further build on the foundations laid in 2024 and drive double-digit total returns."

Executives