Usio Inc

USIO, Inc. engages in providing integrated payment solutions. Its solutions include payment facilitation, merchant services, payment solutions, card issuing, check printing, electronic bill presentment & payment, and printing and mailing. The company offers services to software companies, merchants, billers, banks, service bureaus and card issuers. USIO was founded by Louis A. Hoch and Michael R. Long in July 1998 and is headquartered in San Antonio, TX.

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Usio Inc reports strong Q1 performance, secures major contracts

Usio Inc's Q1 2024 performance was strong, with volume growth and key business developments positioning them well for the year ahead.
While facing margin challenges, the company's strategic strengths in securing large contracts and expanding business lines offer growth opportunities.
Navigating challenges from margin pressures and tough comps, Usio remains focused on growth strategies and operational enhancements to drive performance.
With a reaffirmed guidance for 2024 and positive outlook, Usio is poised for continued growth and market expansion.

Usio Inc (USIO) reports robust Q2 earnings, raises EBITDA guidance

Usio Inc (USIO) showcased strong financial performance in Q2 2024, with positive net income and revenue growth driven by increased payment processing volume. The company's focus on controlling costs while investing in growth initiatives positions it well for improved profitability. Usio's emphasis on organic growth, successful ISV implementations, and diversification in payment services highlight its strategic direction.

Usio Inc (USIO) reports strong Q3 results and eyes growth opportunities in fiscal 2025

Usio Inc (USIO) showcased strong financial performance in Q3 2024, with positive net income and earnings per share, bolstered by revenue growth and margin improvements.
The company's strategic strengths lie in its backlog of pending implementations, solid performance in the card segment, and effective marketing strategies driving revenue.
Challenges include the need to boost ACH segment performance, maintain momentum in card issuing, and enhance security measures for transactions.
Opportunities for growth include leveraging new ISV clients, reinvigorating ACH efforts, and evaluating technologies for competitive advantages in fiscal 2025.

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USIO, Inc. engages in providing integrated payment solutions. It provides payment acceptance through multiple payment methods such as payment facilitation, prepaid card and electronic billing products, and services to businesses, merchants, and consumers. The company was founded by Louis A. Hoch and Michael R. Long in 1998 and is headquartered in San Antonio, TX.

SAN ANTONIO, Sept.  23, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced the pricing of an underwritten public offering of common stock for gross proceeds of $8 million prior to deducting underwriting discounts and commissions and offering expenses payable by Usio. The offering is comprised of 4,705,883 shares of common stock priced at a public offering price of $1.70 per share.

Usio Announces Pricing of $8 Million Underwritten Public Offering

SAN ANTONIO, Sept.  22, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Usio. Usio expects to grant to the underwriters a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover overallotments, if any. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Usio Announces Proposed Public Offering of Common Stock

Mastercard

Mastercard (MA) continues to integrate Usio's prepaid platform into its City Possible network for effective deployment of prepaid card solutions.

Mastercard Partners With Usio to Boost City Possible Network

SAN ANTONIO, Sept.  21, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that 4-CT and United Way of Central and Northeastern Connecticut (UWCNC) have selected Usio’s proprietary prepaid card-issuing platform as its preferred channel to distribute relief funds to those in need as a result of the COVID-19 pandemic.

4-CT and United Way of Central and Northeastern Connecticut Select Usio to Help Provide Relief to Connecticut Residents Affected by the COVID-19 Pandemic

Usio’s prepaid card technology now featured as part of Mastercard’s City Possible program Usio’s prepaid card technology now featured as part of Mastercard’s City Possible program

Usio and Mastercard’s City Possible Team Up to Speed Assistance to Families in Need

SAN ANTONIO, Aug.  31, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced the appointment of Ernesto Beyer to its Board of Directors, effective August 29, 2020. Mr. Beyer will serve as a member of the Company’s Audit, Compensation, and Nominations and Corporate Governance Committees. Mr. Beyer will replace Mr. Miguel Chapa, who unexpectedly passed away on August 19, 2020.

Usio Announces Appointment of Ernesto Beyer to its Board of Directors

New Prepaid Partnership Continues Expansive Penetration into Government and Non-profit Organizations New Prepaid Partnership Continues Expansive Penetration into Government and Non-profit Organizations

The Mayor’s Fund to Advance New York City Selects Usio to Help Provide Relief to New Yorkers Affected by the COVID-19 Pandemic

SAN ANTONIO, Aug.  24, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq:USIO), an integrated electronic payment solutions provider, is mourning the loss of Miguel A. Chapa, a member of Usio’s Board of Directors, who died suddenly on August 19.

Usio Mourns the Passing of Board Member Miguel A. Chapa

Usio, Inc. (USIO) CEO Louis Hoch on Q2 2020 Results - Earnings Call Transcript

SAN ANTONIO, Aug.  07, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it will release second quarter financial results for the period ended June 30, 2020 after the market close on Thursday, August 13, 2020.

Usio to Host Second Quarter Conference Call to Discuss Results and Provide Company Update on Friday, August 14, 2020

Total Funds Loaded onto Cards – a Key Growth Metric - up 690% year-over-year at July 31, 2020 Total Funds Loaded onto Cards – a Key Growth Metric - up 690% year-over-year at July 31, 2020

Usio’s Prepaid Business Growth Trajectory Accelerating

Innovative New Prepaid Programs Drive 64% Increase in Load Volumes, 47% Increase in Transaction Volumes

Usio Announces Transaction Processing Volume for the Second Quarter of 2020

SAN ANTONIO, July  06, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (NASDAQ: USIO), an integrated electronic payment solutions provider, today announced the closing of the private placement of 1,796,407 shares of common stock, at a purchase price of $1.67, for net proceeds of $3 million. Usio intends to use the proceeds from the placement for working capital purposes.

Usio Announces Closing of $3 Million Private Placement

Lexicon Will Integrate Usio’s Proprietary PayFac-in-a-Box™ Electronic Payments Platform into their Software to Simplify the Payments Process for Their End Users Lexicon Will Integrate Usio’s Proprietary PayFac-in-a-Box™ Electronic Payments Platform into their Software to Simplify the Payments Process for Their End Users

Usio Announces Further Penetration of Legal Software Industry with New Lexicon Software Partnership

Both Companies Are Integrating Usio’s Proprietary PayFac-in-a-Box™ Electronic Payments Platform into their Software to Simplify and Speed the Payments Experience Both Companies Are Integrating Usio’s Proprietary PayFac-in-a-Box™ Electronic Payments Platform into their Software to Simplify and Speed the Payments Experience 

Usio Announces Two New Partnerships As Foundation for a Leadership Position in Legal Software Industry

Usio Gets Traction

Usio, Inc. (USIO) CEO Louis Hoch on Q1 2020 Results - Earnings Call Transcript

Reports Highest Quarterly Revenues in Company’s History

Usio Announces Record First Quarter 2020 Financial Results

SAN ANTONIO, May  13, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (NASDAQ: USIO), an integrated electronic payment solutions provider, today announced leadership changes within its innovative payment facilitation division.

Usio Announces Leadership Changes within its PayFac Division

CARE USA, the Mayors Fund of Los Angeles, the New York Immigration Coalition and many others use Usio’s prepaid cards to help communities affected by the pandemic CARE USA, the Mayors Fund of Los Angeles, the New York Immigration Coalition and many others use Usio’s prepaid cards to help communities affected by the pandemic

Usio Prepaid Card Issuing Platform Scales Rapidly to Provide Financial Help Directly to Those Most Affected by the COVID-19 Pandemic

Card Processing Volume Growth Sequentially Accelerates to 21% from 17% in Fourth Quarter Led by PayFac Card Processing Volume Growth Sequentially Accelerates to 21% from 17% in Fourth Quarter Led by PayFac

Usio Announces Transaction Processing Volume for The First Quarter of 2020

SAN ANTONIO, April  20, 2020  (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq:USIO), an integrated electronic payment solutions provider, today announced it has received funding under a Paycheck Protection Program Term Note with The Bank of San Antonio (TBSA). This was completed through the Paycheck Protection Program (PPP) as part of the recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), administered by the U.S. Small Business Administration.

Usio Secures $814,000 Loan Through the CARES Act Paycheck Protection Program

Usio Is Scaling Up

eVisit is Utilizing Usio’s Proprietary PayFac-in-a-Box Payment Technology to Simplify Healthcare Delivery, Allowing Healthcare Professionals to Spend More Time with Patients eVisit is Utilizing Usio’s Proprietary PayFac-in-a-Box Payment Technology to Simplify Healthcare Delivery, Allowing Healthcare Professionals to Spend More Time with Patients

eVisit Telemedicine Technology in Tandem with USIO PayFac-in-a-Box™ Supporting Medical Professionals as They Combat COVID-19

Usio, Inc. (USIO) CEO Louis Hoch on Q4 2019 Results - Earnings Call Transcript

News for Usio Inc Stock (USIO)