VCA Stocks

IPP of America (’IPP’), a leading provider of electronic payment services, today announced that it has closed a $20.5 million round of venture capital investment.  “Providing financial services to the under-banked market continues to present exciting possibilities.”  IPP of America Inc. (”IPP”) a leading provider of electronic payment services operates the largest national network of independent neighborhood-based payment centers, providing reliable and safe electronic payment services to cash paying customers. Through their Payment Settlement Network, IPP authorized payment centers offer a wide array of alternative financial services including electronic bill payment, prepaid long distance, prepaid wireless epins, and prepaid home phone. The company’s payment center network currently extends to over 8,000 locations nationwide.