Fiserv Inc. — a publicly traded company that provides computer technology to banks and other financial firms — has struck a deal to occupy more than 400,000-square-feet of space in the former Sprint campus in Overland Park, Kansas Gov. Laura Kelly’s office announced Monday morning.

Fiserv expects to have approximately 2,000 jobs in Kansas as a result of the project, Kelly’s office said. The average salary at the Overland Park location is expected to be $102,000 per year, according to a press release from the governor’s office.

The Overland Park location will become a “fintech hub” for the company, meaning it will become a center for the company to not only serve existing clients but also to develop new technology.

“The greater Kansas City Metro area offers a dynamic environment with a growing population of tech talent, making it the ideal location for Fiserv’s next strategic fintech hub,” Chairman and Chief Executive Officer of Fiserv Frank Bisignano, said in a press release. “Working with local and state leaders, we are committed to driving growth and prosperity for both Fiserv and Kansas while contributing to the vibrancy of the Overland Park community.”

Fiserv expects to open the Johnson County location in two phases, with the first part of the project opening in 2026. The company expects to invest about $175 million to renovate two building on the Aspiria Campus, which formerly housed the headquarters for Sprint telecommunications.

“Fiserv’s new strategic hub in Overland Park is a significant step forward as we continue to elevate Kansas to new heights,” Kelly said in a press release. “Fiserv will create high-value career options including opportunities for military personnel transitioning to civilian life and graduates of our higher education system.”

The Aspiria Campus was selected for its central location and proximity to Fiserv’s growing Midwest client base, the company said. The company currently operates similar innovation hubs in Milwaukee, Omaha, and New York City, among other locations.

A Kansas City economic development leader indicated that the K.C. metro area won the project over competition from Nashville, Dallas and Atlanta.

“Fiserv’s investment is monumental – and so is the Kansas City region’s ability to deliver,” Kansas City Area Development Council President and CEO Tim Cowden said in a press release. “With a fast-growing tech sector, a deep pipeline of financial services talent, and a business community that works as one, Kansas City has the capacity and competitiveness to meet this moment.”

The governor’s office said the Fiserv project, when completed, will be the “largest office recruitment in Kansas history.”

“Fiserv is a global leader in fintech and financial services, and its decision to make Overland Park the central hub for their payment platform speaks volumes to the IT ecosystem and the business environment here in Kansas,” Lieutenant Governor and Secretary of Commerce David Toland, said via press release. “The high-wage opportunities Fiserv will bring to Overland Park will have lasting economic impact for our entire state, including the technology talent pipeline and the small businesses that will have a new regional partner for payment processing.”

The press release didn’t provide details about what, if any, financial incentives the state has offered the company to locate in Kansas.

Fiserv, which is based in Milwaukee, has about 40,000 employees, and reported about $20 billion in revenue in 2024. The company, which trades on the New York Stock Exchange under the symbol FI, is part of the S&P 500. It operates multiple divisions, including account processing, digital banking, card issuer processing, e-commerce, and the cloud-based point-of-sale system Clover.