On June 27, 2007, Fidelity National Information Services, Inc. (FIS) announced that it was acquiring EFD in an all-cash transaction valued at about $1.8B.

[1] EFD was formed as eFunds Corporation in 1999 as a spin-off from Deluxe Corporation, bringing together established players in financial risk management and electronic transaction processing services; previously distinct businesses within Deluxe.

In June 2000, eFunds held its initial public offering on the NASDAQ national market and later that year completed its separation from Deluxe.

Based primarily in the US, EFD/eFunds International Limited extends EFD's services beyond North America.

In India, eFunds employs more than 5,000 employees in its Software Development, BPO and IT services operations in Mumbai, Gurgaon and Chennai.