Source: The Business Journals: Birmingham Business Journal

Prepaid Technologies: Prepaid Technologies CEO talks plans for $96M investment

A recent noteworthy investment has primed a local fintech company for growth in the Birmingham market. Prepaid Technologies recently secured a $96 million investment guided by New Jersey-based growth equity firm Edison Partners. The digital payment provider, which has seen significant growth with revenue increasing nine times over the past five years, said it plans to use the investment to grow its product and headcount and potentially make new acquisitions. "We've been seeing really great success...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Stephen E. Faust's photo - CEO of Prepaid Technologies

CEO

Stephen E. Faust

CEO Approval Rating

81/100

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