OverviewSuggest Edit

Usio (formerly known as Payment Data Systems) is an integrated payment solutions provider to merchants, billers, banks, service bureaus, and card issuers. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH processing services include Represented Check, a consumer non-sufficient funds check that is represented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment converted into an e-check.

TypePublic
Founded1998
HQSan Antonio, US
Websiteusio.com

Latest Updates

Employees (est.) (Dec 2018)43(+31%)
Revenue (FY, 2019)$28.2 M(+13%)
Share Price (Oct 2020)$1.6
Cybersecurity ratingBMore

Key People/Management at Usio

Louis Hoch

Louis Hoch

Co-Founder, Vice-Chairman, President, Chief Executive Officer and Chief Operating Officer
Michael Long

Michael Long

Co-Founder, Chairman
Ken Keller

Ken Keller

Senior Vice President, Chief Technology Officer
Houston Frost

Houston Frost

Senior Vice President, Corporate Development and Prepaid Services
Blaise Bender

Blaise Bender

Director
Ben Kauder

Ben Kauder

Senior Vice President, Integrated Payments
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Usio Office Locations

Usio has offices in San Antonio, Franklin, Austin and Nashville
San Antonio, US (HQ)
3611 Paesanos Pkwy #300
Franklin, US
4037 Rural Plains Cir #230
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Usio Financials and Metrics

Usio Revenue

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Usio's revenue was reported to be $28.20 m in FY, 2019
USD

Revenue (Q2, 2020)

7.0m

Gross profit (Q2, 2020)

1.3m

Gross profit margin (Q2, 2020), %

18.5%

Net income (Q2, 2020)

(1.3m)

EBIT (Q2, 2020)

(1.3m)

Market capitalization (15-Oct-2020)

38.7m

Closing stock price (15-Oct-2020)

1.6

Cash (30-Jun-2020)

1.8m

EV

40.3m
Usio's current market capitalization is $38.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.8m7.3m5.2m13.4m14.4m12.1m14.6m25.0m28.2m

Revenue growth, %

159%7%(16%)

Cost of goods sold

3.1m4.2m4.2m9.2m9.4m8.3m10.8m19.5m22.3m

Gross profit

1.7m3.2m974.9k4.2m5.0m3.8m3.8m5.6m5.9m
USDQ2, 2011

Financial Leverage

-4.1 x
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Usio Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Usio Online and Social Media Presence

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Usio News and Updates

Usio Announces Pricing of $8 Million Underwritten Public Offering

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…

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

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 c…

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

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 Announces Appointment of Ernesto Beyer to its Board of Directors

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, Compensatio…

Usio Announces Record Second Quarter 2020 Financial Results

Card Processing, PayFac, Prepaid all Show Growth in the Quarter, with Prepaid Tripling over last several months

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

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.
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Usio Blogs

Executive Officers 3

Matt DeckerVice PresidentTechnology Wayne GonzalesVice PresidentRisk Management & Compliance Padding Top:  0px Padding Bottom:  0px

Matt Morris

Matt Morris Vice President of Marketing With 15+ years of experience building and leading some of the world’s most successful and prominent brands, Matt Morris brings C-level leadership as a marketer, operator and servant-leader. Matt’s expertise revolves around developing and implementing business …

Kimberly - template - Corporate Responsibilit (change title)

Payments, Possibilities & Paint On July 12, 2018, Payment Data Systems sent five of its senior management to paint the walls inside The Children’s Rehabilitation Institute – TeletonUSA (CRIT). Below in the center photo (left to right) is Wayne Gonzales (VP), Louis Hoch (CEO), Joseph Huch (VP), …

Best Buddies Nashville

Nothing's Going to Stop Us Now To help bring awareness to Best Buddies, Payment Data Systems participated in their annual walk on October 7. This event is the number one walk in the country, which fosters opportunities for one-on-one friendships, integrated employment and leadership development for…
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Usio Frequently Asked Questions

  • When was Usio founded?

    Usio was founded in 1998.

  • Who are Usio key executives?

    Usio's key executives are Louis Hoch, Michael Long and Ken Keller.

  • How many employees does Usio have?

    Usio has 43 employees.

  • What is Usio revenue?

    Latest Usio annual revenue is $28.2 m.

  • What is Usio revenue per employee?

    Latest Usio revenue per employee is $655.8 k.

  • Who are Usio competitors?

    Competitors of Usio include 360 Payment Solutions, Microf and Payscout.

  • Where is Usio headquarters?

    Usio headquarters is located at 3611 Paesanos Pkwy #300, San Antonio.

  • Where are Usio offices?

    Usio has offices in San Antonio, Franklin, Austin and Nashville.

  • How many offices does Usio have?

    Usio has 4 offices.