FASTFUNDS FINANCIAL CORP

FASTFUNDS FINANCIAL CORP

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Company Overview
FastFunds Financial Corp. is a holding company that provides financial services, primarily check cashing, automated teller machine (ATM) access, credit and debit card advances to customers. The company is headquartered in West Palm Beach, Florida, United States. It is publicly traded on the NASDAQ OTC Bulletin Board under the trading symbol FFFC.
The company operates through its wholly owned subsidiary Chex Services Inc., which provides comprehensive cash access services to approximately 50 casinos and other gaming facilities under the trademarked name FastFunds. The FastFunds stored value card enables casinos to load customer winnings straight on to a card instantly, ensuring user safety as they no longer need to carry large amounts of cash. The FastFunds ChexGaurd product offers Electronic Check Conversion Verification/Guarantee Service, which verifies and converts paper checks presented at the point of sale in just seconds.
The company has developed a suite of cash access products for use in the traditional gaming and retail markets. It provides its cash access services predominantly at Native American owned casinos and gaming establishments. The company also markets products a la carte to other establishments in the casino, entertainment and hospitality industries. It operates gaming establishments in Connecticut, Illinois, Michigan, Minnesota, Nebraska, New Mexico, North Dakota, South Dakota and Wisconsin. It also has related businesses in Canada and the Caribbean.
Business Summary
FastFunds Financial Corporation (FastFunds) is a holding company. The Company was operating through its wholly owned subsidiary Chex Services, Inc. (Chex). Chex provided financial services, primarily check cashing, automated teller machine (ATM) access and credit and debit card advances, to customers predominantly at Native American owned casinos and gaming establishments. The Company’s wholly owned subsidiaries include Collection Solutions, Inc. (Collection Solutions), FastFunds International, Inc. (FFI), FFC FastFunds (Cyprus) Limited (FFC), FastFunds International Limited (FFIL), Key Financial Services, Inc. (Key), Nova Financial Services, Inc. (Nova) and Denaris Corporation (Denaris). Collection Solutions was formed for the purpose of providing collection services for the Company, customers of the Company, and other entities both within and outside the gaming industry. Collection Solutions is licensed as a collection agency in Minnesota.
Description and history
FastFunds Financial Corporation (FastFunds) is a holding company. The Company was operating through its wholly owned subsidiary Chex Services, Inc. (Chex). Chex provided financial services, primarily check cashing, automated teller machine (ATM) access and credit and debit card advances, to customers predominantly at Native American owned casinos and gaming establishments.

The Company’s wholly owned subsidiaries include Collection Solutions, Inc. (Collection Solutions), FastFunds International, Inc. (FFI), FFC FastFunds (Cyprus) Limited (FFC), FastFunds International Limited (FFIL), Key Financial Services, Inc. (Key), Nova Financial Services, Inc. (Nova) and Denaris Corporation (Denaris). Collection Solutions was formed for the purpose of providing collection services for the Company, customers of the Company, and other entities both within and outside the gaming industry. Collection Solutions is licensed as a collection agency in Minnesota. FFI was formed to build a presence in Europe for the Company’s stored value card program. Key Financial Services, Inc. (Key) and Nova Financial Services, Inc. (Nova) were formed to design, market and service credit card products aimed at the sub-prime market; both companies are wholly owned by the Company. Denaris was formed to develop and market a prepaid re-loadable stored value card program.

Business Line
Holding company that provides financial services, primarily check cashing, automated teller machine (ATM) access, credit and debit card advances to customers
Subsidiary

Advisor
HAWKINS ACCOUNTING
IPO date

US SIC Code
6141
Company Address
Suite 703
319, Clematis Street
City province or state postal code
33401, WEST PALM BEACH, FL
Phone: +1 561 514 9042
Fax:
Country address: UNITED STATES OF AMERICA
Website url: