Kipp Teams Up with FIS to Enhance Payment Solutions

Deal News | May 21, 2025 | Augmentum Capital LLP

Kipp Teams Up with FIS to Enhance Payment Solutions

Kipp, a company aiming to revolutionize consumer payment experiences, has announced a significant partnership with FIS, a notable financial services provider. This collaboration is set to introduce Kipp's Non-Sufficient Funds (NSF) authorization solution across thousands of debit issuers, thus facilitating a more predictable and efficient payment process for consumers. Augmentum Capital LLP, a renowned private equity firm, is providing the backing for this strategic alliance. The partnership highlights the increasing importance of innovative financial solutions in enhancing user experiences in the payments sector.

Sectors

  • Financial Technology
  • Private Equity

Geography

  • United States – FIS, as a financial services firm, predominantly operates in the United States, which suggests that the partnership will primarily impact the U.S. financial market.
  • United Kingdom – Augmentum Capital LLP is based in the UK, indicating cross-border investment activities related to this partnership.

Industry

  • Financial Technology – Kipp and FIS are collaborating to introduce new fintech solutions, focusing on improving consumer payment experiences with a novel NSF authorization system.
  • Private Equity – Augmentum Capital LLP, a private equity firm, is involved as a backer for Kipp, indicating active investment and interest in fintech innovations.

Financials

  • Not Disclosed – The financial details of the partnership or investment by Augmentum Capital LLP have not been disclosed.

Participants

NameRoleTypeDescription
KippTarget CompanyCompanyKipp is a company focused on providing improved payment solutions for consumers, specifically through its NSF authorization solution.
FISPartnerCompanyFIS is a global leader in financial services technology, partnering with Kipp to distribute their NSF solution.
Augmentum Capital LLPBacking PE FirmCompanyA private equity firm supporting Kipp's strategic initiatives, particularly in financial technology innovations.