Michael Dodak, Chief Executive Officer of FundsTech Corp stated: "The deployment of the FundsTech prepaid debit card is the first important milestone of our business plan. Recurring revenue from financial transactions, such as those expected from the prepaid card is one of the core strategies of FundsTech Corp. We welcome Symelation to our base of Worldwide Strategic Partners."

Sybille McCloghrie, CEO of Symelation said, "There are an estimated 13 million unbanked individuals in South Africa alone. Estimates indicate 6 million South Africans are sending away over R12 billion ($2 billion U.S.) in cash annually. We see South Africa as the launch pad for servicing the untapped potential present in the remaining under banked African continent. The introduction of FundsTech prepaid debit card solution complements the South African Government's drive towards the economic advancement of small and medium black owned enterprises.