# Clover

> Clover builds cloud-based point-of-sale systems and payment processing for small and mid-sized businesses. Founded in Sunnyvale in 2010 and acquired by First Data in 2012 (now part of Fiserv), Clover bundles Android-powered hardware with a software platform for restaurants, retail, and personal services - processing well over $300B in annualized card volume.

- **Founded:** 2010
- **Headquarters:** Sunnyvale, California, United States
- **Founders:** John Beatty (Co-founder, former CEO), Leonard Speiser (Co-founder), Mark Schulze (Co-founder), Kelvin Zheng (Co-founder)
- **Team size:** ~1,500 employees
- **Products:** Clover Station Duo / Solo, Clover Mini, Clover Flex, Clover Go, Clover Kitchen Display System
- **Notable:** Largest US cloud POS provider by processed card volume, Acquired by First Data for $56.1M in 2012, four years after founding, Crossed $130B in annualized card volume by 2020; well above $300B by 2024

## Products & services

- **Clover Station Duo / Solo** — Countertop POS terminal with merchant- and customer-facing screens, bundled with payments, inventory and reporting.
- **Clover Mini** — Compact all-in-one POS that doubles as a card reader, receipt printer host, and full register.
- **Clover Flex** — Handheld POS with built-in printer, scanner and EMV/NFC reader for tableside and on-the-go payments.
- **Clover Go** — Mobile card reader that pairs with a phone for the smallest merchants and pop-ups.
- **Clover Kitchen Display System** — KDS that routes restaurant orders from POS to the line, with bump-bar and timing analytics.
- **Clover App Market** — Third-party app marketplace where developers extend Clover devices with industry-specific software.
- **Clover Capital** — Working-capital cash advances offered to Clover merchants based on processing history.

## Achievements

- Largest US cloud POS provider by processed card volume
- Acquired by First Data for $56.1M in 2012, four years after founding
- Crossed $130B in annualized card volume by 2020; well above $300B by 2024
- Distribution through every major US merchant-acquiring bank
- Open Android-based platform with a thriving third-party app market
- Named on Fiserv's earnings calls as the company's primary SMB growth engine

## Latest updates

- **2025-10** — Fiserv reported continued double-digit Clover revenue growth as part of its Q3 2025 earnings.
- **2025-01** — Fiserv announced a 'One Fiserv' plan that further integrates Clover's product and go-to-market with parent platforms.
- **2024-09** — Clover rolled out biometric (palm/face) payment pilots through Fiserv's merchant network.
- **2024** — Continued expansion of Clover into the UK, Ireland and Latin America via Fiserv channels.

## Links

- Website: https://www.clover.com
- LinkedIn: https://www.linkedin.com/company/clovernetwork
- Twitter/X: https://twitter.com/cloverpay
- GitHub: https://github.com/clover
- YouTube: https://www.youtube.com/@MeetClover
- Instagram: https://www.instagram.com/clover
- Facebook: https://facebook.com/bluepayprocessing

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Profile page: https://yespress.io/clover
Published by YesPress — https://yespress.io
Last updated: 2026-05-29