Higher One Holdings (ONE) (NYSE:ONE) provides technology and payment services for higher education. It also provides campus communities with student banking services. It provides students with an ATM card and helps higher education institutions receive payment transaction services for students' payment of tuition and other fees. 
The company had significant growth. As of 31 March 2010, it is serving 402 campuses and 2.7 million students of its product OneDisburse. 293 campuses and 2.2 million students are under contract for one of its services. From its product launch 2002 til 31 March 2010, it's total cash value from transactions was about $13.6 billion. However, this industry is highly regulated and additional legislation may harm its future revenues. 
The company's initial public offering of stock filed on the NYSE and went public on 15 June 2010. The stock was priced at $12, well below the initial price range of $15-$17. The company offered 9 million shares to raise $108 million. 
For FY2009 with year ended 31 December 2009, the company had $75.5 million in revenue, up 71.6% from $44.0 million in revenue for FY2008. Furthermore, the company had $14.2 million in net income for FY2009, a 121.8% increase from $6.4 million in revenue for FY2008. 
A bit surpriesd it seems to simple and yet useful.