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nFinanSe Inc (NFSE.OB)

On Feb 9: 0.10 USD   0.00 (0.00%)  
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nFinanSe Inc
3923 Coconut Palm Drive
Suite 107
Tampa, FL 34203
Phone: 813-367-4400
Web Site: http://www.nfinansedms.com

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Business Equipment
Employees (last reported count): 60

BUSINESS SUMMARY
nFinanSe Inc., a development stage company, provides stored value cards (SVCs) for grocery stores, convenience stores, and general merchandise stores in the United States. It primarily offers Discover Network-branded SVCs. The company operates in two divisions: nFinanSe Card and nFinanSe Network. The nFinanSe Card division issues prepaid gift cards, reloadable general spend prepaid cards, and payroll cards. The nFinanSe Network division, which is a network of load locations for stored value and prepaid cards, enables its customers to load additional cash on their reloadable SVCs. The company sells its SVCs directly to consumers through its distribution partnersÂ’ network of retail locations. As of January 3, 2009, it had approximately 80,000 nFinanSe Network locations consisting primarily of Western Union and MoneyGram locations; and approximately 10,000 retail agent locations. The company was formerly known as Morgan Beaumont, Inc. and changed its name to nFinanSe Inc. in 2006. nFinanSe was founded in 2000 and is based in Tampa, Florida.
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    OFFICERS
      Pay Exercised
    Mr. Jerry Welch , 59
    Exec. Chairman and Chief Exec. Officer
    $ 320.00K N/A
    Mr. Raymond P. Springer , 59
    Chief Financial Officer and Sec.
    $ 229.00K N/A
    Mr. Daniel W. Davis , 41
    Chief Technology Officer
    $ 197.00K N/A
    Mr. Jeff Kratsch ,
    Director of Marketing and Investor Relations
    N/A N/A
    Mr. Erik Jensen , 52
    Consultant
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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