Wednesday, April 16, 2008

FrontStream Payments Inc,provider of payment solutions to SMEs, has raised $16 million in first-round funding

What Company Is Offering:
FrontStream Payments, based in Brentwood, TN, is a leading provider of payments products and services to small and medium-sized businesses and independent credit card sales organizations.

How Much They Got From VCs:

FrontStream Payments Inc., a Brentwood, Tenn.-based provider of payment solutions to SMEs, has raised $16 million in first-round funding. Participants include SSM Partners, Noro-Moseley Partners, Wakefield Group, Southpoint Capital and companymanagement.

FrontStream Payments products and services include turnkey solutions that enable merchants to increase revenues through the acceptance of credit and debit cards. The company also helps drive customer relationship management and loyalty efforts by allowing them to offer their own "branded" loyalty, gift and prepaid cards.

More at:http://www.frontstreampayments.com/

No comments: