FundedIQ
Financial Services

Prepaid Technologies: Funding, Investors & Team (Oct 2026)

Prepaid Technologies combines deep banking relationships and payments system expertise with innovative technology to manage efficient payments programs for banks and businesses. Prepaid Technologies was founded in 1998, in Birmingham Alabama, by bank industry veterans who understand both the intricacies of running a financial institution, and the technology that is shaping the future of business payments.

www.in-prepaid.com LinkedIn Birmingham, United States 101-250 employees
Total raised
$96.0M
Rounds
1
Latest
Private Equity
Nov 2021

Prepaid Technologies has raised $96.0M across 1 funding round on record, the most recent a Private Equity of $96.0M announced in Nov 2021.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Prepaid Technologies Company Profile and Key Stats

Total funding raised
$96.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Private Equity
$96.0M in Nov 2021
Employees
101-250
reported band
Headquarters
Birmingham, United States

Latest funding round on record: Nov 2021.

Prepaid Technologies Funding Rounds

Date
Round
Amount
Private Equity
$96.0M

Prepaid Technologies Founders and Leadership Team

Name
Role
Contact
Stephen Faust
CEO
—

No contact details are on record for this team yet.

Prepaid Technologies Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Prepaid Technologies' latest round of $96.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Prepaid Technologies in Financial Services and Birmingham

Companies Similar to Prepaid Technologies

Prepaid Technologies Funding FAQs

What does Prepaid Technologies do?

Prepaid Technologies combines deep banking relationships and payments system expertise with innovative technology to manage efficient payments programs for banks and businesses. Prepaid Technologies was founded in 1998, in Birmingham Alabama, by bank industry veterans who understand both the intricacies of running a financial institution, and the technology that is shaping the future of business payments.

How much funding has Prepaid Technologies raised?

Prepaid Technologies has raised $96.0M across 1 round on record. The most recent is a Private Equity of $96.0M announced in Nov 2021.

When did Prepaid Technologies last raise funding?

Prepaid Technologies' most recent funding round on record is a Private Equity of $96.0M, announced in Nov 2021.

Who is the CEO of Prepaid Technologies?

Stephen Faust is listed as CEO at Prepaid Technologies.

Where is Prepaid Technologies headquartered?

Prepaid Technologies is based in Birmingham, Alabama, United States.

How many employees does Prepaid Technologies have?

Prepaid Technologies is in the 101-250 employee band.

How does Prepaid Technologies' funding compare to other Financial Services startups?

Prepaid Technologies' latest round of $96.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.

About FundedIQ's Prepaid Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Prepaid Technologies is left off this page rather than filled in.

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