About FSV Payment Systems
FSV Payment Systems is a company based in Jacksonville (United States) founded in 1999 was acquired by US Bank in November 2012.. FSV Payment Systems has raised $6 million across 1 funding round from investors including US Bank, North Hill Ventures and Ballast Point Ventures. FSV Payment Systems operates in a competitive market with competitors including Prepaid Technologies, Apto Payments, Paysign, Rain and Akimbo Prepaid MasterCard, among others.
- Headquarter Jacksonville, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Fsv Payment Systems, Inc
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Funding Insights of FSV Payment Systems
FSV Payment Systems has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in February 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.0M
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First Round
First Round
(07 Feb 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Series A - FSV Payment Systems | Valuation | North Hill Ventures , Ballast Point Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FSV Payment Systems
FSV Payment Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include US Bank, North Hill Ventures and Ballast Point Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment services are offered by North Hill Ventures in fintech.
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Founded Year | Domain | Location | |
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Expansion capital is provided by Ballast Point Ventures to growing companies.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FSV Payment Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FSV Payment Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fsv Payment Systems Comparisons
Competitors of FSV Payment Systems
FSV Payment Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prepaid Technologies, Apto Payments, Paysign, Rain and Akimbo Prepaid MasterCard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Prepaid card solutions are offered to banks and businesses.
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| domain | founded_year | HQ Location |
White-label solutions for prepaid card issuance
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| domain | founded_year | HQ Location |
Prepaid card payment solutions are provided for business sectors.
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| domain | founded_year | HQ Location |
Stablecoin-powered cards and payment infrastructure are provided by Rain.
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| domain | founded_year | HQ Location |
Debit card and money transfer platform provider.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fsv Payment Systems
Frequently Asked Questions about FSV Payment Systems
When was FSV Payment Systems founded?
FSV Payment Systems was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Where is FSV Payment Systems located?
FSV Payment Systems is headquartered in Jacksonville, United States.
Is FSV Payment Systems a funded company?
FSV Payment Systems is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Feb 07, 2011.
What does FSV Payment Systems do?
Founded in 1999, FSV Payment Systems, a subsidiary of U.S. Bank, is headquartered in Jacksonville, United States. Operations center on prepaid card processing and issuance, with a focus on payroll cards through a white-label model. A prepaid technology platform is utilized for custom card programs, alongside compliance services. Activities extend to government benefit cards, retail and gift cards, promotional incentives, and healthcare cards within the prepaid sector.
Who are the top competitors of FSV Payment Systems?
FSV Payment Systems's top competitors include Prepaid Technologies, Paysign and Apto Payments.
Who are FSV Payment Systems's investors?
FSV Payment Systems has 3 investors. Key investors include US Bank, North Hill Ventures, and Ballast Point Ventures.
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