Prepaid Program Management

What Prepaid Program Management does

Prepaid Program Management LLC is a Jacksonville, Florida-based private consulting firm founded in 2017 by Jake Posey, a Certified Anti-Money Laundering Specialist (CAMS) with prior compliance officer experience at program managers handling crypto, international money transfer, and high-risk card programs. The company's core offering is end-to-end prepaid, debit, and credit card program launch advisory, targeting entrepreneurs and fintechs that lack the payments and compliance expertise to engage issuing banks and processors directly. Core products include Card Program Launch consulting (starting at $35,000 with month-to-month engagement), Compliance Policies and Procedures documentation (starting at $22,000 with a money-back guarantee if the issuing bank does not approve), and Program Optimization services for established card programs addressing fraud, CIP/KYC pass rates, and operational efficiency. The firm also packages its institutional knowledge into a customizable 36-month financial modeling tool ($499 standard, $3,450 with data population and consulting hours) used in bank and processor negotiations.

The technology layer consists of the Payments Academy, a cloud-based learning management system at paymentsacademy.net offering 13+ payments-specific courses (AML, BSA, CIP, CDD, OFAC, PCI, GLBA, Reg E, UDAAP, CFPB) with CE credit tracking, team administration, and the Certified FinTech Payments Manager (CFTPM) certification. The Academy uses a freemium subscription model: free Individual access, $300/month or $3,000/year Startup plan for up to 25 users, and $700/month or $7,000/year Unlimited plan. Distribution is sales-led, beginning with a free 30-minute Q&A call and converting into consulting or Academy subscriptions; marketing relies on Google retargeting, Facebook/LinkedIn advertising, founder-led content, and an extensive ecosystem of recommended issuing bank (Axiom, MetaBank, Bancorp, Sutton, Patriot, etc.), processor (FIS, Galileo, i2c, Visa DPS, Mastercard, Discover), card production, identity verification (LexisNexis, Jumio, IDeology), and money transfer (MoneyGram, Western Union, PayPal) partners that PPM curates for client introductions.

The business model is a hybrid of high-touch professional services and emerging SaaS. The 1–10 employee, bootstrapped LLC has supported 600+ card program launches (cumulative, tied largely to the founder's 15+ year career) and references case-study outcomes of 21% improvement in onboarding pass rates, $290,000 in negotiated fee savings, and $1.077 million in financial-modeling-driven savings. Revenue streams are project-based launch and compliance engagements, recurring Academy subscriptions, and one-time financial modeling licenses — with no disclosed external funding, M&A activity, or public financial reporting.

Name

Prepaid Program Management

Legal name

Prepaid Program Management LLC

Website

https://prepaidpm.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Prepaid Program Management is a Jacksonville-based boutique consultancy that helps fintech entrepreneurs and companies launch, comply, and optimize prepaid, debit, and credit card programs, and operates Payments Academy, a subscription compliance training LMS for the payments industry.

Ownership category

akta.pro rank

Product category

Fintech Payment Program Consulting

NAICS

Professional and Management Development Training (611430), Computer Training (611420)

SIC

Services-Management Services (8741), Services-Prepackaged Software (7372)

akta.pro primary industry

Prepaid Card Program Managers & Issuers (BIN Sponsors) (FSAMANAK)

akta.pro secondary industry

Card Issuing & Program Management Platforms (BPAMAFAH)

Keywords

• Prepaid card consulting
• Payment program management
• Card program launch services
• Fintech compliance consulting
• Payments compliance training

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Card Program Launch Consulting: Full-service consulting engagement starting at $35,000 for helping entrepreneurs and companies launch prepaid, debit, and credit card programs. Includes value proposition development, financial modeling, documentation, partner engagement, contract negotiation, and implementation support. Half payment upfront, remainder at milestones.
2. Compliance Policies and Procedures: Service to create all AML, regulatory, and Information Security compliance policies and procedures required for bank approval. Starts at $22,000 with money-back guarantee.
3. Program Optimization: Ongoing consulting to optimize running programs, addressing fraud, CIP pass rates, and operational efficiency. Pricing varies based on objectives.
4. Financial Modeling: Standalone financial model for $499, or customized version with data population and 4 hours of consulting for $3,450.
5. Payments Academy Training Subscriptions: Monthly and annual subscription plans for compliance training platform: Individual (free), Startup ($300/month or $3,000/year for up to 25 users), Unlimited ($700/month or $7,000/year for unlimited users). Includes CE credits and CFTPM certification.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Prepaid Program Management is a consulting and training services firm that helps entrepreneurs and fintech companies launch and optimize prepaid, debit, and credit card programs. Service offerings include full-service card program launch engagements, AML and information security compliance policies and procedures creation, ongoing program optimization, and a proprietary 36-month financial modeling tool. The company also operates Payments Academy, a subscription-based online learning platform delivering payments-industry-specific compliance training and the Certified FinTech Payments Manager (CFTPM) certification.

Product overview

Prepaid Program Management is a consulting and training services company that helps entrepreneurs and fintechs launch and optimize prepaid, debit, and credit card programs. The company offers a portfolio of four consulting services: Card Program Launch (a full-service program launch engagement starting at $35,000), Compliance Policies and Procedures (compliance documentation creation starting at $22,000), Program Optimization (for existing programs), and Financial Modeling (a 36-month P&L modeling tool available at $499 or $3,450 with customization). These consulting services are complemented by Payments Academy, a cloud-based learning management system that provides compliance and payments industry training with subscription plans ranging from free Individual access to $700/month for the Unlimited plan. The company was founded in 2017 and is led by Jake Posey.

Differentiator

Problem solved

Functional benefit

Brands

• Payments Academy: Compliance training platform designed specifically for payments companies and program managers, offering courses on regulations, information security, and payments ecosystem education.

Products and services

• Card Program Launch Full-service consulting engagement that guides entrepreneurs and fintech companies through the complete process of launching a prepaid, debit, or credit card program, from value proposition development and financial modeling to documentation, partner engagement, contract negotiation, and post-launch coaching. Pricing starts at $35,000 with month-to-month options.
• Compliance Policies and Procedures Compliance consulting service that creates all AML, regulatory, and Information Security policies and procedures required for bank approval of a card program, including direct work with the issuing bank to address any requested updates. Pricing starts at $22,000 with a money-back guarantee.
• Program Optimization Ongoing consulting service for established card programs that helps optimize processes, reduce fraud, improve CIP pass rates, and streamline operations. Pricing varies based on objectives.
• Financial Modeling Tool Proprietary customizable financial model that generates a 36-month P&L statement for prepaid and payments programs, allowing users to adjust costs and revenue variables to determine impact and support partner negotiations. Standard version priced at $499; customized version with data population and 4 hours of consulting at $3,450.
• Payments Academy Cloud-based compliance training platform designed specifically for payments companies, banks, and program managers, covering AML, BSA, CIP, CDD, OFAC, Risk Assessments, Fraud, PCI, GLBA, Reg E, UDAAP, and CFPB compliance. Includes CE credit tracking, team administration, progress reporting, and the Certified FinTech Payments Manager (CFTPM) certification. Subscription plans range from a free Individual tier to $700/month for the Unlimited plan.

Quantifiable outcome

• Increased onboarding/CIP/KYC pass rate from 73.5% to 89% (21% improvement)
• +2 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

20 partnerships are on record, tiered core.

• Axiom BankcoreOthersIssuing bank partner recommended for prepaid and payment program launches. One of the key bank partners in PPM's network for helping clients launch programs.
• CenterState Bank of FloridacoreOthersIssuing bank partner recommended for payment program launches in the Florida region.
• MetaBankcoreOthersIssuing bank partner specializing in prepaid and payment programs, recommended for client program launches.
• BancorpcoreOthersIssuing bank partner with significant prepaid program experience, recommended for client programs.
• Central Federal Savings BankcoreOthersIssuing bank partner in PPM's network for payment program launches.
• Sunrise BankcoreOthersIssuing bank partner recommended for program launches.
• Patriot BankcoreOthersIssuing bank partner in PPM's network for payment programs.
• MB FinancialcoreOthersIssuing bank partner recommended for client payment programs.
• Central Bank of Kansas CitycoreOthersIssuing bank partner for payment program launches.
• I2ccoreTechnology or IntegrationCard processor partner providing processing infrastructure for payment programs.
• Galileo ProcessingcoreTechnology or IntegrationCard processor partner recommended for payment program processing.
• CoreCard SoftwarecoreTechnology or IntegrationCard processor and software provider for program management.
• QRailscoreTechnology or IntegrationCard processor partner for payment programs.
• FSV Payment SystemscoreTechnology or IntegrationCard processor partner recommended for client programs.
• FIScoreTechnology or IntegrationMajor card processor and financial technology provider.
• Visa DPScoreTechnology or IntegrationVisa's payment processing system for card programs.
• VisacoreTechnology or IntegrationCard network partner for payment programs. Also provides PLUS network, ReadyLink, and processing infrastructure.
• MasterCardcoreTechnology or IntegrationCard network partner. Also provides rePower network for load functionality.
• DiscovercoreTechnology or IntegrationCard network partner for payment programs.
• LexisNexiscoreTechnology or IntegrationIdentity verification vendor recommended for KYC/AML compliance.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Galileo Financial Technologies: Galileo provides card processing, program management, and issuing infrastructure for prepaid and fintech programs (owned by SoFi). Listed as a core processor in PPM's partner network, it competes for the same fintech launch and run-the-program spend that PPM targets.
• CoreCard Software: CoreCard provides software for managing credit, debit, prepaid, and lending programs including program management, transaction processing, and statement generation. Listed as a core processor/software partner, it sits in the same procurement conversation PPM facilitates.
• i2c: i2c is a card processing and program management platform powering prepaid, debit, credit, and fintech card programs. It overlaps directly with PPM's launch and processing infrastructure scope and is named as a core processor partner, making it a closest-fit peer on the technology stack PPM helps clients select.
• PaySign: PaySign provides prepaid card solutions and program management for pharma, healthcare reimbursement, and incentive programs. Comparable because it operates as a vertically-specialized prepaid program manager combining compliance, card issuing, and ongoing program administration.

Broad incumbents

• Marqeta: Marqeta is a publicly-traded card-issuing API platform serving modern card programs including prepaid, debit, and credit. While broader in scale than PPM, it competes for the same fintech onboarding wallet and increasingly bundles compliance/launch tooling that overlaps PPM's advisory scope.
• Green Dot Corporation: Green Dot is a large fintech holding company and bank partner (through Green Dot Bank) issuing prepaid cards, deposit accounts, and money movement products. Listed in PPM's network via Greendot as an ATM/load network and operates in the same prepaid program-manager ecosystem.
• Bank of America (Merrill / Prepaid Solutions): Bank of America is a large issuing bank and processor with branded prepaid, debit and credit programs plus corporate reward/gift card infrastructure. Comparable as a broad incumbent providing many of the program-manager and BIN-sponsor capabilities PPM helps clients navigate.
• MetaBank (Meta Financial / Pathward): Pathward Financial (parent of MetaBank) is a major BIN sponsor for prepaid, debit, and fintech card programs. As one of PPM's core issuing bank partners, it represents the upstream supply of which PPM's advisory offering depends, and a primary alternative channel for the clients PPM serves.

Others

• Aite-Novarica Group: Aite-Novarica is a research and advisory firm covering payments, banking, and fintech. Comparable as an ecosystem-level advisor in adjacent verticals; not a direct competitor but a similar buyer profile (fintech and program manager executives) and an alternative source of consulting for the same decision points.
• Glenbrook Partners: Glenbrook Partners is a payments-focused consulting firm offering strategy and education (including Payments Boot Camp). Comparable as an adjacent consulting/training resource targeting the same fintech and program-manager audience, particularly on the strategic and ecosystem education side where Payments Academy competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prepaid Program Management