Fiserv, a Fortune 500 fintech company based in Brookfield, Wisconsin, intends to open a major office in Berkeley Heights, bringing up to 3,000 high-paying, high-tech jobs to the state, ROI-NJ has learned.
The company has applied for an Emerge award from the New Jersey Economic Development Authority. The potential award was on the agenda the EDA released Monday for its meeting Sept. 22. The size of the award could not be confirmed.
Fiserv already has a number of smaller offices in the state, including a location in Jersey City.
Attracting a billion-dollar brand such as Fiserv would be a second huge win for the state — and Gov. Phil Murphy’s desire to rebuild the state’s innovation economy — in the past week. Last week, the EDA announced that HAX, a global accelerator, is going to establish a headquarters in Newark with a commitment to develop 100 hard-tech companies in the next five years.
Fiserv is a leading global provider of payments and financial services technology solutions. According to the company’s website, Fiserv has more than 1.4 billion global accounts and handles more than 12,000 financial transactions per second.
Fiserv, which had revenues of just under $15 billion in 2020, was trading this morning at $108.62 on the Nasdaq.
The company is quickly rising in the Fortune 500. In 2021, Fiserv was placed at No. 205, a rise of more than 100 positions from 2020. The company, which was founded in 1984, has made the Fortune 500 the past six years.
Fiserv also has been on the Fortune list of the World’s Most Admired Companies for the past eight years.
The company got an extra boost of branding this summer as the Milwaukee Bucks won the NBA title while playing in the Fiserv Forum in Milwaukee.
