FNDS3000 Corp.
FDTC
Other OTC0.00
USD
- -
- -
ISIN
US30253V1026
CUSIP
30253V102
Return %
Stock
S&P500
1Y
-50.00
26.53
3Y
- -
76.60
5Y
-97.50
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Raymond Goldsmith
- Full Time Employees
- 19
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 4651 Salisbury Road Jacksonville FL United States of America 32256
- IPO Date
- Apr 12, 2007
- Website
- fnds3000.com
- Similar Companies
- Business
- FNDS3000 Corp. engages in providing prepaid debit card solutions and financial transaction processing primarily targeting the unbanked and underbanked populations. The company's core products and services include prepaid debit cards, payroll programs, microfinance, gift card and corporate incentive solutions, prepaid cellular charge cards, bill payment and small-scale international funds transfers. Its payment processing platform supports payroll, insurance, medical aid, and commission or gratuity cards. The firm customizes its United States-based payment processing technology to the South African business environment. Additional offerings include debt rescheduling and management programs. The company addresses a large market segment comprising over one billion individuals globally who lack traditional banking services. FNDS3000 offers cashless solutions allowing employers to replace payroll checks with prepaid cards, facilitating domestic and international money transfers similar to Western Union. The company's products carry worldwide brand marks and can be used at any merchant accepting those brands. Founded in 2006 and headquartered in Jacksonville, Florida, FNDS3000 Corp. operates mainly in South Africa and the United States, focusing on client industries such as payroll, insurance, and microfinance sectors. The company went public in April 2007 and is listed on the OTC Pink Sheets under ticker FDTC. Recently, FNDS3000 has strengthened its market position by closing a third tranche of a $2.5 million equity financing agreement to support growth initiatives and working capital. It has also formed strategic partnerships to expand the use of its FNDS3000 branded prepaid payment processing solutions by financial institutions and other entities across various global applications. These developments reflect its ongoing efforts to enhance its electronic payment offerings and expand its prepaid product portfolio in emerging markets. FNDS3000's business model focuses on facilitating cashless financial transactions for payroll, remittances, gift cards, and bill payments with a strong emphasis on prepaid solutions tailored for unbanked populations. Its platform supports various prepaid products including corporate incentives, prepaid cellular airtime, and payroll disbursement, making it a versatile provider in the prepaid debit card and electronic payment processing industry. Overall, FNDS3000 Corp. is a specialized financial services firm delivering prepaid payment solutions and electronic transaction processing primarily in South Africa and the US, with a mission to serve underserved markets by enabling cashless payment systems through an expanding suite of prepaid cards and related financial products. The company continues to advance through equity financing and strategic partnerships enhancing its service capabilities and market penetration.