Provider of credit card storage as a service completes $300,000 financing

Spreedly, Inc. successfully raised $300,000 from one investor via a non-brokered equity placement. This is the first known US private placement completed by the company. The investor might well be E-Merge SA a Belgium based investment firm focused on early stage financing.

Spreedly offers credit card storage as a service, i.e. a cloud based credit card storage vault that allows users to work with one or multiple payment gateways over time or simultaneously. The company offers a subscription which supports 49 payment gateways in 71 countries. Three subscription plans are available which allow the users to store a limited number of credit cards: 25,000 for $150 per month, 100,000 for $500 per month and 500,000 for $1,500 per month.

The company, headquartered in Raleigh NC and founded in August 2007, is lead by Justin Benson (CEO), Nathaniel Talbot (CTO), John Carlin and Christian “Duff” O’Melia.


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