Fancards is a leading provider of collegiately licensed prepaid products that has carved a niche at the intersection of sports and payments. Founded in 2015, Fancards offers a range of prepaid payment solutions tailored for college sports enthusiasts, fostering team pride in financial transactions. The company has established partnerships with over 30 universities and serves as the payment solution for multiple NIL collectives and an MLB organization. Their offerings include team gift cards available in over 20,000 retailers and the Fancard Prepaid Mastercard®, which can be used as a bank account or seamlessly connected to an existing one. Additionally, the company provides custom Fancard Mastercard Gift Cards, ideal for corporate gifts, golf tournaments, and giveaways. With a $2.50M Venture Round investment in April 30, 2018, Fancards has demonstrated its potential to innovate in the sports and fintech industries, making it a promising prospect for venture capital firms seeking opportunities in the Sports industry. This reinforces its position as a pioneer in integrating sports fandom into personal finance, offering a unique and compelling value proposition to sports enthusiasts and businesses alike.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $2.50M | - | 30 Apr 2018 | |
Seed Round | $1.50M | 1 | Harpeth Capital | 16 Mar 2017 |
No recent news or press coverage available for Fancards.