BharatPe vs Fiserv: Founders, CEOs and History
BharatPe was founded in 2018 by Shashvat Nakrani, Ashneer Grover, Bhavik Koladiya and is led by Nalin Negi. Fiserv was founded in 1984 by Leslie M. Muma, George D. Dalton and is led by Takis Georgakopoulos.
Company facts
Founders
BharatPe
Shashvat Nakrani
Shashvat Nakrani co-founded BharatPe with Bhavik Koladiya, starting work in July 2017 and incorporating the company in March 2018.
Ashneer Grover
Ashneer Grover joined Nakrani and Koladiya as co-founder in 2018 and led BharatPe's fundraising and expansion, taking it to a $2.85 billion valuation in 2021. He became widely known as a judge on Shark Tank India.
Bhavik Koladiya
Bhavik Koladiya co-founded BharatPe with Shashvat Nakrani and built its early product.
Fiserv
Leslie M. Muma
Leslie M. Muma is a co-founder of Fiserv. He led the company's Florida operations after the 1984 merger, served as president for many years and later succeeded George Dalton as CEO, leading Fiserv until Jeff Yabuki took over in 2005.
George D. Dalton
George D. Dalton co-founded Fiserv in 1984 and served as its first CEO and chairman.
CEOs and their tenures
BharatPe
- Ashneer Grover2018–2022
Co-founder & Managing Director
An IIT Delhi and IIM Ahmedabad graduate and former Grofers CFO, he made BharatPe a national brand quickly. He left in early 2022 after an internal review and settled with the company in September 2024.
Source - Suhail Sameer2021–2023
CEO
Previously CEO of the FMCG business at the RP-Sanjiv Goenka Group. He stepped down on 7 January 2023 and stayed on as a strategic adviser.
Source - Nalin Negi2023–present
CEO
He spent more than a decade as CFO of SBI Card, taking it through its 2020 IPO, after a career at GE Capital, and has over 28 years in financial services.
Source
Fiserv
- Jeff Yabuki2005–2020
Chief Executive Officer
Serving as CEO from 2005 to 2020, he generated absolutely massive shareholder returns (the stock rose over 900% during his tenure) by ruthlessly acquiring and integrating hundreds of smaller fintech companies.
Source - Frank J. Bisignano2020–2025
Chairman and Chief Executive Officer
As CEO of the combined Fiserv, he aggressively pushes the 'Clover' point-of-sale hardware to directly combat Square (Block) and Toast in the fiercely competitive restaurant and small business sector.
Source - Paul Todd2025–present
Chief Financial Officer
As CFO, he manages the massive capital return program (billions in share buybacks) that keeps the stock price highly elevated despite severe competitive threats to the core business.
Source - Michael P. Lyons2025–2026
President and Chief Executive Officer
As a key segment president, he defends the incredibly sticky, highly lucrative bank technology division from modern, cloud-based core banking upstarts like nCino and Mambu.
Source - Takis Georgakopoulos2026–present
Chief Executive Officer
Appointed as a senior executive in 2024, he oversees the absolutely critical merchant acceptance business, attempting to modernize the legacy infrastructure that powers millions of global transactions daily.
Source
Timeline: BharatPe and Fiserv side by side
1984Fiserv
Fiserv founded
George Dalton's Milwaukee data processing operation and Leslie Muma's Sunshine State Systems combined to form Fiserv.
1986Fiserv
Nasdaq IPO
Fiserv went public on Nasdaq under the ticker FISV.
2005Fiserv
Jeffery Yabuki Becomes CEO
Jeffery Yabuki became chief executive of Fiserv in December 2005.
2007Fiserv
CheckFree acquisition
Bought online bill payment company CheckFree for about $4.4 billion.
2013Fiserv
Open Solutions Acquired
Fiserv bought the banking-software company Open Solutions in January 2013.
2018BharatPe
Founded in New Delhi: Bhavik Koladiya and Shashvat Nakrani incorporated Resilient Innovations in March 2018, having started work in July 2017.
2018Fiserv
Fiserv Forum Naming Rights
Fiserv bought the naming rights to the Milwaukee Bucks arena, Fiserv Forum, in 2018.
2019BharatPe
Venture funding begins: BharatPe raised a $15.5 million Series A in March 2019 and a $50 million Series B in August 2019.
2019Fiserv
First Data merger
Completed the all-stock acquisition of First Data, valued around $22 billion, adding Clover and merchant acquiring.
2020BharatPe
Series C and card machines: a $75 million Series C in February 2020 was followed by the launch of BharatSwipe card machines in the second half of the year.
2020Fiserv
Frank Bisignano becomes CEO
Former First Data CEO Frank Bisignano succeeded Jeff Yabuki.
2021BharatPe
Unicorn round and a bank: BharatPe bought PAYBACK India for about $27 million in June, raised $370 million led by Tiger Global at a $2.85 billion valuation in August, and Unity Small Finance Bank, 49%…
2022BharatPe
Governance crisis: PMC Bank's branches became Unity branches on 25 January. Ashneer Grover left after an internal review, Bhavik Koladiya ended his association in August, and former SBI Card CFO Nalin…
2022Fiserv
Acquired Finxact
Fiserv acquired Finxact for $650 million.
2023BharatPe
New leadership: Suhail Sameer stepped down as CEO in January and Nalin Negi became interim CEO. BharatPe bought 51% of NBFC Trillion Loans and renamed PAYBACK India as Zillion.
2023Fiserv
Move to NYSE as FI
Fiserv transferred its listing to the New York Stock Exchange under the ticker FI.
2024BharatPe
Settlement: Negi was made full-time CEO on 16 April, BharatPe settled all disputes with Ashneer Grover on 30 September, and the 12% Club became Invest BharatPe.
2025BharatPe
First adjusted profit: RBI granted the online payment aggregator licence in April, BharatPe reported a ~$696,000 (₹6 crore) adjusted profit before tax for FY2025, and it launched a RuPay credit card w…
2025Fiserv
Mike Lyons becomes CEO; stock crashes
Lyons took over in May 2025 when Bisignano became Social Security Commissioner. On October 29, 2025, shares fell 44% after a guidance cut; Paul Todd became CFO and the company returned to Nasdaq as FISV.
2026BharatPe
Founders exit operations: Shashvat Nakrani stepped back as COO from 1 May, and in July the Delhi High Court restrained Unity Small Finance Bank from raising its authorised capital pending arbitration…
2026Fiserv
Takis Georgakopoulos named CEO
Lyons left in June 2026 to run Truist; Georgakopoulos was appointed CEO. In August, Fiserv cut 2026 guidance after a 4% Q2 revenue decline.
Acquisitions
BharatPe
- Trillion Loans2023Undisclosed
- PAYBACK India2021$27M
- Unity Small Finance Bank (49% stake)2021Undisclosed
Fiserv
- Finxact2022$650M
- First Data Corporation2019$22B
- CheckFree Corporation2007$4.4B
Questions about BharatPe vs Fiserv
Who is the CEO of BharatPe and Fiserv, Inc.?
BharatPe is led by Nalin Negi and Fiserv, Inc. is led by Takis Georgakopoulos. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BharatPe founded vs Fiserv, Inc.?
Fiserv, Inc. was founded in 1984 — 34 years before BharatPe, which was founded in 2018. Fiserv, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger BharatPe.
How many employees does BharatPe have compared to Fiserv, Inc.?
BharatPe employs approximately 2,000 people, while Fiserv, Inc. employs approximately 38,000. Fiserv, Inc. has the larger workforce at 38,000 employees, compared to BharatPe's 2,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are BharatPe and Fiserv, Inc. headquartered?
BharatPe is headquartered in India and Fiserv, Inc. is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded BharatPe and Fiserv, Inc.?
BharatPe was founded by Shashvat Nakrani, Ashneer Grover, Bhavik Koladiya. Fiserv, Inc. was founded by Leslie M. Muma, George D. Dalton.
Which company has a longer operating history — BharatPe or Fiserv, Inc.?
Fiserv, Inc. has been operating for approximately 42 years, making it the more established of the two companies. BharatPe has been in operation for around 8 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BharatPe vs Fiserv overview