Headquartered in Austin, NetSpend Holdings, Inc. provides processing and marketing services for proprietary prepaid cards, which provides users who lack established credit or banking relationships with the security, flexibility and convenience of a payment card. NetSpend completed its NASDAQ Initial Public Offering in October 2010. NetSpend was acquired by TSYS in 2013 for $1.4 billion.

Website: www.netspend.com

Sector: Payments

Year Invested: 2001