Usio, Inc. - USIO STOCK NEWS

Usio, Inc. (Nasdaq: USIO) has secured a contract with the Houston Health Department for its Vaccine Incentive Program, which subsidizes vaccinations by offering prepaid cards. The program, now at capacity, incentivizes 20,000 residents with $100 for their first vaccination and $50 for the second. Mayor Sylvester Turner praised its success in increasing vaccination rates. Usio provides customizable payment solutions, enhancing efficiency in municipal initiatives. The company aims to optimize payment processing in various civic endeavors.

Usio, Inc. (Nasdaq: USIO) will participate in the 14th Annual LD Micro Main Event Conference, held from October 12-14, 2021, both in-person in Los Angeles and virtually. Louis Hoch, CEO, alongside other executives, will present in-person on October 12 from 1:00 PM to 1:30 PM EDT. The event facilitates 1-on-1 meetings with investors. Usio, a leading FinTech provider, offers diverse payment solutions, including credit and prepaid processing services. For virtual attendance, registration is available here.

Usio, a leading FinTech payment solutions provider, will participate in the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. Key executives including CEO Louis Hoch will present and hold one-on-one meetings with investors. The presentation will be available online starting September 13 at 7:00 A.M. (ET). Usio offers a range of payment solutions to various sectors, utilizing advanced technology for card issuance and payment acceptance. For more details, visit Usio's website.

Usio, Inc. (Nasdaq: USIO) has secured a contract with the New York City Economic Development Corporation (NYCEDC) to support the city's COVID-19 Vaccines Incentive Program. This initiative provides $100 to eligible New York State residents receiving their first vaccine dose through the city’s appointment platform. Usio will supply prepaid debit cards and electronic payment technology for the program. NYCEDC aims to distribute $20 million in incentives, with over $6 million already disbursed. Usio's advanced payment solutions are expected to streamline the distribution process.

Usio, a leading FinTech payment solutions provider, reported a record revenue growth of 119% for Q2 2021, totaling $15.2 million, driven by strong performance across ACH, Credit Card, and Prepaid services. The company's net income reached $218,000, with positive Adjusted EBITDA of $1.3 million. Processing volumes surged by 389% year-over-year, prompting an upward revision of revenue guidance to between $56 million and $59 million for fiscal 2021, indicating a potential growth of 98% to 109% from 2020.

Usio, Inc. (Nasdaq: USIO) announced it will release its Q2 2021 financial results on August 12, 2021, after market close. A conference call is scheduled for August 13, 2021, at 11:00 a.m. Eastern, to discuss the results and provide business updates, followed by a Q&A session. U.S. participants can dial 1-844-883-3890 and international callers should use 1-412-317-9246. The call will also be streamed live on usio.com/investors. Replay options will be available until August 27, 2021.

Usio has announced a partnership with Voyager Digital to enable merchants to accept cryptocurrencies as payment, enhancing their payment solutions. This partnership reflects Usio's commitment to innovation in FinTech. Merchants will be able to accept up to 60 cryptocurrencies through the Voyager app, with seamless transactions that convert crypto to US dollars in real time. This service is expected to roll out in late 2021, aiming to meet the growing demand for cryptocurrency payments and improve customer engagement.

Usio, a leading FinTech integrated payment solutions provider (Nasdaq: USIO), will participate in the D.A. Davidson Bison Select Virtual Conference on August 4, 2021. CEO Louis Hoch, along with SVPs Greg Carter and Houston Frost, will engage in a Fireside Chat and host virtual meetings throughout the day. The webcast of the Fireside Chat is scheduled for 10:30 AM Eastern. For scheduling one-on-one meetings, interested parties should contact their D.A. Davidson representative or email Joe Hassett. Usio specializes in tailored payment solutions, enhancing services with its recent IMS assets acquisition.

Usio, Inc. (Nasdaq: USIO) reported a record $2.73 billion in total dollars processed for Q2 2021, a 47% increase from Q1. This marks the company's third consecutive quarter of record electronic payments, with significant growth in ACH electronic check dollars, which nearly quadrupled. Card and prepaid processing volumes also saw impressive gains, with card processing dollars up 55% and prepaid card load volume up 65% year-over-year. The company attributes its growth to investments in its PayFac platform and a focus on fast-growing markets like cryptocurrency.