AchieveCard Obtains $12,500,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47cd228e-a8fa-4796-a387-595c5cce4d3e&Preview=1 - Date
3/21/2012 - Company Name
AchieveCard - Mailing Address
PO Box 200255 Austin, TX 78720 - Company Description
The AchieveCard Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and may be used wherever Visa debit cards are accepted. The Bancorp Bank; Member FDIC. Your Deposits are FDIC insured up to $250,000. See Cardholder Agreement for a complete list of fees. - Website
http://www.achievecard.com - Transaction Type
Debt, Venture Equity - Transaction Amount
$12,500,000 - Transaction Round
Series B - Proceeds Purposes
We are thrilled to use this new round of financing specifically to fuel our customer growth efforts and to continue providing terrific service to our highly valued customers. We have the expertise, technology and capital necessary to become a major player in this exciting and high growth industry. - M&A Terms
- Venture Investor
Escalate Capital Partners - Venture Investor
Undisclosed
