- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: November 30, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

TRELLUS PARTNERS LP

2. Date of Event Requiring Statement (MM/DD/YYYY) 7/21/2008

3. Issuer Name and Ticker or Trading Symbol

nFinanSe Inc. [NFSE]

(Last) (First) (Middle)

350 MADISON AVENUE, 9TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___ X ___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

NEW YORK, NY 10017

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1183547	D ⁽¹⁾ ⁽²⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrants	6/29/2007	6/29/2012	Common Stock	267379	⁽³⁾	D
Warrants	6/13/2008	6/13/2013	Common Stock	270000	⁽³⁾	D
Warrants	7/21/2008	7/21/2013	Common Stock	455000	⁽³⁾	D
Warrants	8/21/2009	8/21/2014	Common Stock	6998020	⁽³⁾	D
Warrants	8/21/2009	8/21/2014	Common Stock	3333330	⁽³⁾	D
Warrants	6/5/2010	6/5/2015	Common Stock	286000	⁽³⁾	D
Warrants	6/5/2009	6/5/2014	Common Stock	667333	⁽³⁾	D

Explanation of Responses:
( 1)	Trellus Partners, L.P. is a Delaware limited partnership ("TPLP"). Trellus Company, LLC, a Delaware limited liability company is its general partner ("Trellus"). Adam L. Usdan is the controlling principal of Trellus.
( 2)	TPLP holds 1,183,547 shares of common stock of which 903,560 are shares of restricted common stock.
( 3)	Each warrant represents the right to purchase one share of common stock at an exercise price of $0.01 per share.

Remarks:
Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
TRELLUS PARTNERS LP 350 MADISON AVENUE, 9TH FLOOR NEW YORK, NY 10017		X
TRELLUS CO LLC 350 MADISON AVENUE, 9TH FLOOR NEW YORK, NY 10017		X
Usdan Adam 350 MADISON AVENUE, 9TH FLOOR NEW YORK, NY 10017		X

Signatures
Trellus Partners, L.P., /s/ Anthony G. Miller, Chief Financial Officer of Trellus Company, LLC, as General Partner		2/23/2012
^** Signature of Reporting Person		Date
Trellus Company, LLC, /s/ Anthony G. Miller, Chief Financial Officer		2/23/2012
^** Signature of Reporting Person		Date
/s/ Adam L. Usdan, Adam L. Usdan		2/23/2012
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.