Tech Company Financing Transactions
National Payment Card Association Funding Round
On 2/4/2009, National Payment Card Association raised $2 million in investment from KPG Ventures.
Transaction Overview
Company Name
Announced On
2/4/2009
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
KPG Ventures (David Hills)
Proceeds Purpose
The investment will propel National Payment Card Association's growth beyond the fuel and convenience markets and into supermarkets and chain drug outlets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4171 W Hillsboro Blvd. 5
Coconut Creek, FL 33073
USA
Coconut Creek, FL 33073
USA
Phone
Website
Email Address
Overview
The National Payment Card Association PIN based payment system processes transactions through the Federal Reserve Automated Clearing House (ACH), resulting in lower merchant fees and a self-funded loyalty program that can provide immediate savings to consumers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joe Randazza
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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