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Clover Announces Additions to its Partner Portfolio with Enhanced Integrations with Nav, AP Intego Insurance Group and Gusto

Partnerships Provide Best-In-Class Tools to Help Small Business
Manage Mission Critical Operations

LAS VEGAS–(BUSINESS WIRE)–Further positioning itself as the partner-of-choice for small businesses
and merchants, Clover, a First Data Company, today announced the
addition of two new partners to its network: Nav
and AP Intego. These companies are dedicated to the small business
community, providing merchants with the ability to manage their
businesses across credit reporting and commercial insurance. In
addition, Clover has deepened its integration with Gusto, a small
business payroll, benefits and human resources service provider that has
been a Clover partner since 2016.

Nav, AP Intego and an enhanced integration with Gusto are the latest
organizations to join Clover’s developer platform network. The
announcement was presented at Money 20/20, (October 21-24, Las Vegas,
NV).

“As we accelerate Clover’s position as the trusted partner for small
businesses, it’s essential that we partner and integrate with
best-of-breed organizations that can help our merchants operate and grow
their business,” said John Beatty, CEO of Clover. “We will continue to
expand our POS solutions and integrations with organizations that align
with our mission, passion and commitment to small businesses. Clover is
quickly becoming a hub for small businesses to see and control their
entire operation.”

Nav: Best-in-Class Credit Reporting &
Merchant-Tailored Financing Options

Nav is the leading Business Financial Management app offering free
access to personal and business credit reports from major consumer and
commercial credit bureaus. This alliance gives Clover’s merchants the
ability to instantly access their Experian Intelliscore Plus℠ and Dun &
Bradstreet PAYDEX® business credit scores. Lenders, buyers and suppliers
use data from these scores to underwrite businesses terms. Additionally,
merchants receive business health reports and have access to more than
110 of the best financing and credit card options, including SBA and
long-term loans, lines of credit, invoice financing and medical practice
loans. Nav’s robust marketplace matches merchants to their best
financing options based on approval odds determined by their business’
data, making it quick and easy for Clover merchants to access
affordable, transparent funding options without investing a lot of time
and effort.

With the Nav partnership, Clover merchants can easily add a business
credit snapshot directly into their dashboard free of charge. Merchants
also have the opportunity to upgrade their account to receive premium,
24/7 business credit monitoring and alerts.

“We’re excited to partner with Clover as its exclusive provider of
credit reporting for its network of merchants,” said Levi King, Nav CEO
and Co-Founder. “At Nav, we know that in order for small business owners
to grow they must have the ability to manage creditworthiness and an
understanding of their business’ financial health. We are proud to be
integrated into the Clover dashboard and look forward to helping
merchants understand and access business credit reports and financing
options.”

AP Intego: Best-in-Class Business Insurance

AP Intego Insurance Group is a nationally licensed small business
insurance agency that blends technology, insurance expertise and a
partner-driven strategy to provide small businesses a suite of
commercial insurance products. A clear leader within the small
commercial insurance sector, the company currently serves more than
43,000 customers and writes over $130 million in direct-written premium.
AP Intego has deep and proven relationships with nearly 300 partners.

As part of the integration with Clover, all merchants, within all
industries, special concentration in the Food & Drink, Business, Retail,
Medical, Personal Services, and Emerging Industry categories, will have
access to commercial insurance products. This includes coverages such as
general liability, workers compensation, professional liability,
commercial auto and cyber insurance.

“Our model has proven that small businesses would prefer to buy from a
trusted supplier within one ecosystem,” said Steve Hauck, managing
director, AP Intego. “This partnership is a strategic reflection of
Clover’s goal to expand their offering with products that are required
to protect any small business. Our unique ability to fulfill this on a
single digital platform strengthens our joint value proposition to the
end customer.”

Gusto: Best-in-Class Payroll and Benefits

Gusto is the leading cloud-based payroll, benefits and HR technology
platform for small businesses. Serving more than 60,000 customers, or
one percent of all employers nationwide, Gusto’s mission is to create a
world where work empowers a better life. By making the most complicated
business tasks simple and personal, Gusto is reimagining payroll,
benefits and HR for modern companies.

As part of the enhanced partnership, Clover and Gusto will build a
deeper technical integration to provide a seamless experience for small
business owners, merchants and their accountant and bookkeeper-partners.
Now, within the Clover network, and through an integrated platform,
small businesses and their trusted partners will have easy access to payrollbenefits
and HR.

“We are excited to deepen our relationship with Clover as they share our
mission of creating a world where work empowers a better life,” said
Mike Triantos, Head of Partnerships, Gusto. “Gusto and Clover are making
it easier for small businesses to be a part of the future of work by
empowering them to pay and include more Americans such as the millions
of independent contractors that are joining the economy.”

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million business
locations and 4,000 financial institutions in more than 100 countries
around the world. The Company’s 22,000 owner-associates are dedicated to
helping companies, from start-ups to the world’s largest corporations,
conduct commerce every day by securing and processing more than 3,000
transactions per second and $2.4 trillion per year. For more
information, visit www.firstdata.com and
follow us on Twitter at @FirstData.

About Nav

Nav is the leading Business Financial Management app offering free
access to personal and business credit reports from major consumer and
commercial credit bureaus including Dun & Bradstreet, Experian and
TransUnion. The Nav platform also helps small business owners make
informed business credit decisions and hosts a robust marketplace with
more than 110 business financing products including loans and credit
cards. The marketplace uses a unique, lender-neutral approach to help
business owners find the best financing options for their needs. Nav’s
solution is also leveraged by other business service providers to
enhance their customer experience. The company has offices in Silicon
Valley and Salt Lake City. More information about Nav is available at Nav.com.

About AP Intego

AP Intego Insurance Group specializes in providing its nearly 300
partners a technology-enabled, turnkey insurance agency offering, and
its small business customers with optimal coverage, superior customer
service and flexible, streamlined billing. Currently, the company serves
more than 43,000 customers representing more than $130 million in active
premium with its full-line of small commercial, property and casualty
insurance in all 50 states. For information, please visit us at: www.APIntego.com.

About Gusto

Gusto’s
mission is to create a world where work empowers a better life. By
making the most complicated business tasks simple and personal, Gusto is
reimagining payroll, benefits and HR for modern companies. Gusto serves
over 60,000 companies nationwide and has offices in San Francisco and
Denver.

Contacts

Andrea Duffy
First Data
Phone: +1 646 984 0240
Email: andrea.duffy@firstdata.com