About Paysign
Paysign is a company based in Henderson (United States) founded in 1995 by Daniel Spence and Mark Newcomer.. The company has 173 employees as of December 31, 2024. Paysign offers products and services including Corporate Rewards & Incentives, Corporate Disbursements, Digital Banking Solutions, and Pharmaceutical Services. Paysign operates in a competitive market with competitors including Brex, BlueVine, Tide, Novo and Mercury, among others.
- Headquarter Henderson, United States
- Employees 173 as on 31 Dec, 2024
- Founders Daniel Spence, Mark Newcomer
- Stage Public
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Paysign, Inc.
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Annual Revenue
$58.38 M23.5as on Dec 31, 2024
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Net Profit
$3.82 M-40.92as on Dec 31, 2024
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EBITDA
$7.02 M81.81as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
173
as on Dec 31, 2024
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IPO & Listings of Paysign
Paysign is a publicly listed company on the NASDAQ with ticker symbol PAYS in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Paysign
Paysign offers a comprehensive portfolio of products and services, including Corporate Rewards & Incentives, Corporate Disbursements, Digital Banking Solutions, and Pharmaceutical Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Programs to recognize and motivate employees or customers through rewards.
Solutions for efficient business payouts and administrative cost reduction.
Tools for modern business operations and streamlined financial management.
Innovative programs for patient affordability and pharmaceutical client support.
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Funding Insights of Paysign
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Paysign
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paysign
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paysign Comparisons
Competitors of Paysign
Paysign operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, BlueVine, Tide, Novo and Mercury, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Tide is recognized as a digital banking platform for businesses.
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| domain | founded_year | HQ Location |
Casino sites are evaluated and reviewed by Novo.
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| domain | founded_year | HQ Location |
Online business banking and financial workflow tools are provided.
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| domain | founded_year | HQ Location |
Accounting and bookkeeping solutions are provided for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paysign
Frequently Asked Questions about Paysign
When was Paysign founded?
Paysign was founded in 1995.
Where is Paysign located?
Paysign is headquartered in Henderson, United States. It is registered at Henderson, Nevada, United States.
Who is the current CEO of Paysign?
Mark Newcomer is the current CEO of Paysign. They have also founded this company.
How many employees does Paysign have?
As of Dec 31, 2024, the latest employee count at Paysign is 173.
What is the annual revenue of Paysign?
Annual revenue of Paysign is $58.38M as on Dec 31, 2024.
What does Paysign do?
Paysign was founded in 1995 and is located in Henderson, United States. Prepaid card options, including reloadable and non-reloadable types, are supplied to industries such as healthcare, telecommunications, travel and leisure, automotive, and additional areas. Payment processing services and payroll management tools are offered to employers, while digital bank accounts are made available for business operations.
What products or services does Paysign offer?
Paysign offers Corporate Rewards & Incentives, Corporate Disbursements, Digital Banking Solutions, and Pharmaceutical Services.
Is Paysign publicly traded?
Yes, Paysign is publicly traded on NASDAQ under the ticker symbol PAYS.
What is Paysign's ticker symbol?
The ticker symbol of Paysign is PAYS on NASDAQ.
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