“Can a legacy bank-processing giant retrofit embedded finance onto its core rails fast enough to defend against modern API-first platforms?”
FIS is a legacy global financial technology processor built via decades of megamergers (culminating in the 2019 Worldpay acquisition). FIS Brasil is the São Paulo-based subsidiary (~582 employees) delivering FIS's banking, payments, and capital markets technology to Latin American financial institutions. Strategically, FIS has been layering embedded finance (working capital via Liberis, embedded lending via Jifiti) on top of its core processing business to defend against modern platforms like Stripe and Adyen and offset structural margin compression in card processing.
FIS Brasil processes payments through Worldpay from FIS (self-operated).
FIS Brasil's cards are issued through FIS Issuing (self-operated).
FIS Brasil's lending and capital products are provided by Liberis and Jifiti.
The Embedded Finance Index 2026 maps 3 layers in FIS Brasil's stack: Payments / PSP (Worldpay from FIS (self-operated)); Card issuing (FIS Issuing (self-operated)); Lending (Liberis, Jifiti, FIS Working Capital (powered by Liberis) and FIS Embedded Lending (via Jifiti)).
FIS Brasil is founded in 2003 and headquartered in São Paulo, Brazil (parent: Jacksonville, Florida, US).
FIS Brasil's acquisitions include Worldpay (2019).
Get a read on where your own stack stands against FIS Brasil and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.