Springbok Secures Investment from Goldman Sachs

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<p><strong>Englewood, Colo. &mdash; July 30 </strong><br />Springbok Services Inc., a provider of prepaid MasterCard solutions, has announced the completion of a round of institutional funding from Goldman<br />Sachs. </p><p>The investment will enable Springbok to accelerate its growth strategy as it continues to serve businesses<br />as the one-stop shop for branded prepaid card solutions.</p><p>&ldquo;We&rsquo;re very excited about our relationship with Goldman Sachs,&rdquo; said Dwayne Jones, president, chairman and<br />co-founder. &ldquo;We have been very selective in considering funding sources over the years. This is a significant milestone for Springbok Services, and we&rsquo;re very proud to make this announcement.</p><p>&quot;Springbok&rsquo;s rapid growth and continued success is a tribute to the commitment of our network of private investors, the hard work of our employees and the loyalty and trust we have earned from our business partners and customers.&rdquo;</p><p>Established in 1998 as the Best Present Co., a marketer of MasterCard gift cards, the company changed its name to Springbok Services in 2005, following the development of a vertically integrated platform for processing, personalization and fulfillment of customized branded prepaid card solutions.</p><p>&ldquo;Since our inception, we have been patient and worked very hard to position the company to capitalize on this<br />type of opportunity,&rdquo; said Taylor Ohlsen, Springbok Service chief executive officer and co-founder. &ldquo;Goldman Sachs&rsquo; investment further validates and enables our vision for the future, and we couldn&rsquo;t be more pleased to start this new chapter in our company&rsquo;s history.&quot;</p>

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