Fidelity Information Services

Overview

Fidelity Information Services was formed through a series of mergers and acquisitions, including the 2015 merger of Fidelity National Financial's FIS division and SunGard. The firm's wealth origin ties to its founding as a spinoff from Fidelity National Financial, a Fortune 500 company. Its headquarters are in Jacksonville, Florida, with significant operations in Greensboro, North Carolina, and Sydney, Australia. The firm deploys capital through direct investments in technology and infrastructure for financial services, spanning banking platforms, capital markets software, and payment processing. Asset classes include venture capital (via its corporate venture arm), private equity (through strategic acquisitions), and public equities (through its operating businesses). Known deals include the acquisition of Worldpay in 2019 and the subsequent sale of a majority stake to Fidelity National Financial in 2023. Geographically, FIS operates in North America, Europe, and Asia-Pacific. FIS employs over 55,000 professionals globally. The firm maintains no additional offices beyond its three headquarters locations. Adjacent vehicles include a corporate venture capital fund, FIS Ventures, which invests in early-stage fintech companies. No recent operational event from the last 24 months is publicly documented. Structurally, FIS is distinct as a publicly traded company (NYSE: FIS) that also operates its own investment portfolio. Its governance structure separates the investment management from the operating business, with a board of directors overseeing both. This hybrid model allows FIS to leverage its own platform for deal sourcing and operational due diligence.