21 October 2017
visit www.atos.net

Prepaid card outfit Springbok Services secures Goldman investment

30 July 2007  |  1386 views  |  0 Source: Springbok Services

Springbok Services, a leading provider of prepaid MasterCard solutions, announced today the completion of a round of institutional funding from Goldman Sachs.

The investment will enable Springbok to accelerate its growth strategy as it continues to serve businesses as the one-stop shop for branded prepaid card solutions.

"We're very excited about our relationship with Goldman Sachs," said Dwayne Jones, president, chairman and co-founder of Springbok Services, Inc. "We have been very selective in considering funding sources over the years. This is a significant milestone for Springbok Services, and we're very proud to make this announcement. Springbok's rapid growth and continued success is a tribute to the commitment of our network of private investors, the hard work of our employees, and the loyalty and trust we have earned from our business partners and customers."

Established in 1998 as the Best Present Company, a marketer of MasterCard gift cards, the company changed its name to Springbok Services in 2005 following the development of their a vertically integrated platform for processing, personalization and fulfillment of customized branded prepaid card solutions.

"Since our inception, we have been patient and worked very hard to position the company to capitalize on this type of opportunity," said Taylor Ohlsen, chief executive officer and co-founder of Springbok Services. "Goldman Sachs' investment further validates and enables our vision for the future, and we couldn't be more pleased to start this new chapter in our company's history."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Goldman Sachs

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.niceactimize.comvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9712 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8882 views comments | 13 tweets | 10 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8083 views comments | 16 tweets | 16 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7985 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7597 views comments | 10 tweets | 22 linkedin

Featured job

circa £250K total package
London

Find your next job