Clarion Capital Partners Completes Investment In Ready Credit Corporation

Jun 02, 2023•over 2 years ago

Eden Prairie

Investors

Ready CreditReverse Atm, LlcClarion Capital Partners, Llc

Description

On May 25, 2023, Clarion Capital Partners, LLC (“Clarion”) completed an investment in Ready Credit Corporation, including its subsidiary, Reverse ATM, LLC (“Ready Credit”, also dba “Reverse ATM”), a payment solutions platform that enables cashless operations for consumer facing businesses. Ready Credit provides kiosks that convert consumers’ cash instantly into a general use prepaid card, which enables businesses to go cashless while still accepting consumers’ cash. The terms of the transaction were not disclosed.

Company Information

Company

Ready Credit Corporation

Location

Eden Prairie, Minnesota, United States

About

Ready Credit is a fintech company headquartered in Minnesota. Since 2006, Ready Credit has provided innovative, prepaid product solutions that enable businesses to transition to cashless operations while continuing to serve cash-reliant customers. Ready Credit’s patented ReadySTATION® is a self-service kiosk that accepts cash and issues an instant prepaid card. Businesses that currently benefit from Ready Credit's cashless payments solution include the largest domestic and international airlines and airports throughout the U.S., Canada and Mexico; major and minor league sports and entertainment venues; transit authorities; amusement parks; hospitals; museums and other specialty attractions. Additional information can be found at readycreditcorp.com

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