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Founded: 1999
Public Listing: October 2006
Exchange: TSX Venture Exchange
Trading Symbol: SCG
Shares I&O 123,996,320
Year End: December 31st
Trading High: $0.78
Trading Low: $0.02
Sector: Payment & Processing Technologies
Revenue: ~$85 million
Auditors: Collins Barrow
Legal Counsel: Heenan Blaikie
Fogler Rubinoff Blakes
Financial Institution: TD Bank
Transfer Agent: Equity Financial
Head Office: 1600 Steeles Ave.
Suite 426
Toronto, Ontario L4K 4M2

 

Overview:

SelectCore is a pioneer in prepaid payment solutions for underserved markets. We offer a range of services from point-of-sale activation and mobile top-up to open and closed loop prepaid stored-value cards for corporate clients, government agencies, telecom carriers and thousands of retail partners – all servicing a market of millions of underbanked consumers.

We live in an increasingly cashless society, where electronic payment options are an essential part of everyday life. SelectCore's products and services level the playing field and ensure that all consumers – regardless of their financial situation – have fast, flexible, reliable, and safe access to the funds they need, when they need them.

Key Investment Highlights:

  • Uniquely positioned to address a market that is shifting to a cashless society
  • Focused growth strategy targeting underserved markets
  • High-margin growth and revenues emerging
  • Prepaid is the fastest-growing segment of the payments industry
  • High barriers to entry limiting competition
  • Proprietary technology platforms with multiple deployment options
  • Robust, fully redundant network infrastructure
  • Extensive retail distribution network
  • Significant pipeline of new business & opportunities
  • Experienced, entrepreneurial management team
  • Ability to enter new markets with existing technology and infrastructure
  • Strong focus on building long-term shareholder value