AchieveCard Garners $12,500,000 Series B Funding

  • Feed Type
  • 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

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