# TFG Card Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tfg-card-solutions

- Industry: Financial Services
- Headquarters: Portland, US
- Website: www.solepaycard.com
- Total disclosed funding: $1.8M
- Latest round: Series A (May 30, 2014)
- Investors on record: 1

## About

TFG Card Solutions, Inc. offers innovative prepaid card solutions tailored for diverse financial transactions, focusing on enhancing user accessibility and experience in digital payments.Founded in 2004, TFG Card Solutions, Inc. specializes in prepaid card technology, facilitating efficient and secure transactions. The company is headquartered in Portland, US. In July 2019, FleetCor Technologies, Inc. acquired TFG Card Solutions, Inc. for undisclosed financial terms. The company has successfully completed four deals, with the latest funding round being VENTURE DEBT, raising USD 0.30 mn, contributing to a total amount raised of USD 0.98 mn.TFG Card Solutions, Inc. operates by providing a range of prepaid card solutions that enable users to engage in financial transactions easily. The core offerings include prepaid debit cards and reloadable card services designed for both individuals and businesses, ensuring streamlined access to funds. The services cater to a wide clientele, focusing on providing convenience and security in digital payments across various market segments.The revenue model for TFG Card Solutions, Inc. primarily revolves around transaction fees generated from prepaid card usage. Users deposit funds onto their prepaid cards, which facilitates diverse financial transactions, contributing to the company's revenue stream. The company implements a pricing strategy aligned with industry standards, ensuring competitiveness within the prepaid card market.TFG Card Solutions, Inc. is focused on launching new prepaid products designed to expand its market reach by targeting underbanked populations and small businesses. Plans are in place to enhance their services in North America and increase presence in emerging markets by 2025. The recent funding from the VENTURE DEBT round will support the development of these products and assist in marketing efforts aimed at expanding into new regions.

## Funding rounds

- Series A, May 30, 2014, $1.8M — Mosaik Partners

## Investors

- Mosaik Partners (https://capitalatlas.ai/funds/mosaik-partners) — Series A