20 October 2010

Local company gets expansion funding

Local company gets expansion funding Jacksonville Business Journal:
FNDS3000 Corp., an international prepaid processing company, has inked a $2.5 million non-brokered equity financing agreement designed to allow the company to ramp up its South African operation.

The Jacksonville-based company (OTC Bulletin Board: FDTC) closed the first tranche of $1 million Oct. 19. The other three financings of $500,000 each are scheduled to close around January, April and July 2011.