FSV Payment Systems Gets $6M

Houston-based FSV Payment Systems, which provides prepaid card processing and program management services for the stored-value and prepaid debit card industry, has raised $6M in a funding round, according to the firm. FSV said that the funding came from Ballast Point Ventures and North Hill Ventures. FSV's services are used by corporations, financial institutions, and the government. According to FSV, the funding will go towards accelerating its growth in the prepaid market. FSV Payment Systems was founded in 1999. More information »