	UNITED STATES	OMB APPROVAL
	SECURITIES AND EXCHANGE COMMISSION	OMB Number: 3235-0145
	Washington, D.C. 20549	Expires: February 28, 2009
	SCHEDULE 13G	Estimated average burden hours per response. . 10.4

Under the Securities Exchange Act of 1934
(Amendment No. )*

nFinanSe INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

61689A107

(CUSIP Number)

NOVEMBER 15, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o	Rule 13d-1(b)
x	Rule 13d-1(c)
o	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 61689A107

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Ballyshannon Partners, LP

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)		o
		(b)		x

	3.	SEC Use Only

	4.	Citizenship or Place of Organization Pennsylvania

Number of Shares Beneficially Owned by Each Reporting Person With			5.		Sole Voting Power 0

			6.		Shared Voting Power 158,937*

			7.		Sole Dispositive Power 0

			8.		Shared Dispositive Power 158,937*

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 158,937*

	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

	11.	Percent of Class Represented by Amount in Row (9) 3.94%*

	12.	Type of Reporting Person (See Instructions) PN

* Percentage is based on 77,605,528 shares of common stock of nFinanSe Inc. outstanding as of September 29, 2006, as adjusted to reflect a 1-20 reverse split effective on December 26, 2006. Share amounts give effect to such reverse split.

CUSIP No. 61689A107

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Insignia Partners LP

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)		o
		(b)		x

	3.	SEC Use Only

	4.	Citizenship or Place of Organization Pennsylvania

Number of Shares Beneficially Owned by Each Reporting Person With			5.		Sole Voting Power 0

			6.		Shared Voting Power 65,625*

			7.		Sole Dispositive Power 0

			8.		Shared Dispositive Power 65,625*

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 65,625*

	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

	11.	Percent of Class Represented by Amount in Row (9) 1.7*

	12.	Type of Reporting Person (See Instructions) PN

CUSIP No. 61689A107

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Ballyshannon Family Partnership, LP

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)		o
		(b)		x

	3.	SEC Use Only

	4.	Citizenship or Place of Organization Pennsylvania

Number of Shares Beneficially Owned by Each Reporting Person With			5.		Sole Voting Power 0

			6.		Shared Voting Power 58,081*

			7.		Sole Dispositive Power 0

			8.		Shared Dispositive Power 58,081*

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 58,081*

	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

	11.	Percent of Class Represented by Amount in Row (9) 1.48%*

	12.	Type of Reporting Person (See Instructions) PN

CUSIP No. 61689A107

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Argosy Capital Group II, LP

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)		o
		(b)		x

	3.	SEC Use Only

	4.	Citizenship or Place of Organization Pennsylvania

Number of Shares Beneficially Owned by Each Reporting Person With			5.		Sole Voting Power 0

			6.		Shared Voting Power 140,735*

			7.		Sole Dispositive Power 0

			8.		Shared Dispositive Power 140,735*

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 140,735*

	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

	11.	Percent of Class Represented by Amount in Row (9) 3.50%*

	12.	Type of Reporting Person (See Instructions) PN

CUSIP No. 61689A107

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Bruce Terker

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)		o
		(b)		o

	3.	SEC Use Only

	4.	Citizenship or Place of Organization U.S.A.

Number of Shares Beneficially Owned by Each Reporting Person With			5.		Sole Voting Power 0

			6.		Shared Voting Power 423,378*

			7.		Sole Dispositive Power 0

			8.		Shared Dispositive Power 423,378*

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 423,378*

	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

	11.	Percent of Class Represented by Amount in Row (9) 9.9%*

	12.	Type of Reporting Person (See Instructions) IN

Item 1.
	(a)	Name of Issuer nFinanSe Inc.
	(b)	Address of Issuer’s Principal Executive Offices 6015 31st Street East, Bradenton, Florida 34203

Item 2.
	(a)	Name of Person Filing BallyShannon Partners, LP (“Ballyshannon”), Insignia Partners LP (“Insignia”), Ballyshannon Family Partnership, LP (“Ballyshannon Family”), Argosy Capital Group II, LP (“Argosy”) and Bruce Terker (“Terker”).
	(b)	Address of Principal Business Office or, if none, Residence Each Reporting Person: 950 West Valley Road, Suite 2900 Wayne, Pennsylvania 19087
	(c)	Citizenship Ballyshannon: Insignia: Ballyshannon Family: Argosy: Terker:		Pennsylvania Pennsylvania Pennsylvania Pennsylvania U.S.A.
	(d)	Title of Class of Securities Common Stock
	(e)	CUSIP Number 61689A107

Item 3.	If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
	(a)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
	(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	o	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
	(e)	o	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
	(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
	(g)	o	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
	(h)	o	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	o	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(J).
	Not applicable.

Item 4.	Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
	(a)	Amount beneficially owned: 423,378
	(b)	Percent of class: 9.9%
	(c)	Number of shares as to which the person has:
		(i)	Sole power to vote or to direct the vote 0
		(ii)	Shared power to vote or to direct the vote 423,378
		(iii)	Sole power to dispose or to direct the disposition of 0
		(iv)	Shared power to dispose or to direct the disposition of 423,378
	This Schedule 13G filing relates to 423,378 shares, which are owned as follows: (i) 158,937 shares are underlying a Senior Secured Convertible Promissory Note nFinanSe Inc. issued to Ballyshannon, which is convertible into 520,000 shares at $1.00 a share, subject to certain restrictive provisions, at any time on or after November 15, 2006, (ii) 58,081 shares are underlying a Senior Secured Convertible Promissory Note nFinanSe Inc. issued to Ballyshannon Family, which is convertible into 130,000 shares at $1.00 a share, subject to certain restrictive provisions, at any time on or after November 15, 2006, (iii) 65,625 shares are held by Insignia Partners, LP and (iv) 140,735 shares are underlying a Senior Secured Convertible Promissory Note nFinanSe Inc. issued to Argosy, which is convertible into 315,000 shares at $1.00 a share, subject to certain restrictive provisions, at any time on or after November 15, 2006. Terker has shared voting and dispositive power over the securities held by Ballyshannon, Ballyshannon Family, Insignia and Argosy. Terker disclaims beneficial ownership of the securities held by these entities except for his pecuniary interest therein. All amounts and percentages in this Item 4 give effect to nFinanSe Inc.’s 1-20 reverse split effective on December 26, 2006.
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item 5.	Ownership of Five Percent or Less of a Class
Not applicable.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person
Not applicable.

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
Not applicable.

Item 8.	Identification and Classification of Members of the Group
Not applicable.

Item 9.	Notice of Dissolution of Group
Not applicable.

Item 10.	Certification
	By signing below the undersigned certify that, to the best of the undersigned’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: December 27, 2006

	BALLYSHANNON PARTNERS, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	INSIGNIA PARTNERS LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	BALLYSHANNON FAMILY PARTNERSHIP, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	ARGOSY CAPITAL GROUP II, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	Chairman

Date: December 27, 2006

	BRUCE TERKER

	By:	/s/ Bruce E. Terker

AGREEMENT REGARDING JOINT FILING

OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the “SEC”) any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases and sales by the undersigned of securities of any issuer, until such time as the undersigned file with the SEC a statement terminating this Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G. For that purpose, the undersigned hereby constitute and appoint Bruce Terker as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases and sales, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present, until such time as the undersigned file with the SEC a statement terminating this Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G.

Date: December 27, 2006

	BALLYSHANNON PARTNERS, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	INSIGNIA PARTNERS LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	BALLYSHANNON FAMILY PARTNERSHIP, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	President of General Partner

Date: December 27, 2006

	ARGOSY CAPITAL GROUP II, LP

	By:	/s/ Bruce E. Terker
		Name:	Bruce E. Terker
		Title:	Chairman

Date: December 27, 2006

	BRUCE TERKER

	By:	/s/ Bruce Terker