Major Funding for this Local Startup allows for Major Expansion

Funding for Birmingham based University Fancards LLC is the second wave of successful fundraising since its beginning.

By providing collegiate licensed gift cards and re-loadable prepaid cards, the funding will allow the company to expand into more markets.

Greg Boggs started University FanCards in 2015 and has seen his business spread nationwide
Photo via BBJ – Greg Boggs

According to the BBJ, Gregory Boggs (Founder and CMO) started the company in 2015 with kick-starter funding of about $1 million.

This next round of funding, of $1.64 million, was timed perfectly as the company is bringing out many more university-branded cards this past week.

You can currently find FanCards for these Universities:
  • Alabama
  • Arizona
  • Florida
  • Florida State
  • Houston
  • Louisville
  • Miami
  • South Carolina
  • Tennessee
  • Texas
  • West Virginia

By the end of 2017, the company expects to reach more than 20 universities and be available in 25,000 retailers.

Where to Buy a FanCard

For select teams, the cards are available in particular stores.

The funding will also allow FanCards to add around 10 employees by the end of the month!

Wade Cline
Wade Cline

Marketing Producer at Bham Now, Tech Junkie, Foodie, Bham Lover, Movie Snob, Wannabe Quantum Physicist. You can likely find me either at Trim Tab Brewing or O'henry's Coffee in Homewood.

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