Paysign, Inc.
Close on Oct 19, 2026
- Market cap
- $950.70M
- P/E (TTM)
- 59.0
- Dividend yield
- –
About Paysign
Services-Business Services, NEC, SIC 7389
Paysign, Inc. provides vertically integrated prepaid card solutions and payment processing services for corporate, consumer, and government clients. Its offerings include corporate reward and incentive programs, consumer rebate solutions, general purpose reloadable debit cards, gift cards, donor compensation cards, and demand deposit accounts under the Paysign Premier brand. In the healthcare and life sciences sectors, the company delivers patient affordability and pharmaceutical payment assistance services, covering pharmacy-based and medical claims adjudication. Additionally, it offers Apherion, a cloud-based technology platform designed to streamline donor engagement, operations, and quality management for blood and plasma collection organizations.
Operating within the United States and Puerto Rico, Paysign serves approximately 48% of source plasma collection facilities across these markets. As of December 31, 2025, the company managed roughly 670 card programs encompassing approximately 8.4 million active cardholders, utilizing two secure interconnected data centers and cloud hosting for transaction processing. Paysign maintains its corporate headquarters in Henderson, Nevada.
Summary of the business section of Paysign's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Paysign, Inc.
- Founded
- 1995
- Headquarters
- Henderson, NV
- Address
- 2615 St. Rose Parkway 89052
- Phone
- (702) 453-2221
- Employees
- 80, Dec 31, 2021
- Industry
- Services-Business Services, NEC
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- Baker Tilly US, LLP, Dallas, Texas
Stock & identifiers
- Ticker
- PAYS
- Exchange
- Nasdaq
- IPO date
- Oct 10, 2007
- Shares outstanding
- 56M, Jul 30, 2026
- Public float
- $276.38M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1496443
- CUSIP
- 70451A104
- ISIN
- US70451A1043
- LEI
- 5299004REWHL9UOO5P30
- EIN
- 95-4550154
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joan M. Herman | EVP, Operations, Director | 609,421 |
| Mark Newcomer | CEO, Director | 14,923,002 |
| Matthew Louis Lanford | Chief Payments Officer, Director | 298,609 |
| Michael C. Ngo | Chief Innovation Officer | 2,811,336 |
| Bradley Kramer Cunningham | Chief Technology Officer | 314,622 |
| Matthew Baker Turner | PRES., PATIENT AFFORDABILITY | 404,262 |
| Jeffery Bradford Baker | Chief Financial Officer | 542,171 |
| Robert Strobo | Chief Legal Officer | 526,871 |
| Daniel R. Henry | Director | 169,885 |
| Bruce A. Mina | Director | 278,500 |
| Dennis L. Triplett | Director | 290,000 |
| Jeffrey B. Newman | Director | 90,000 |
Employees
Headcount reported in annual reports
“As of December 31, 2021, we had approximately eighty employees and independent contractors.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 6, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 3, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 8, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 17, 2020 | Late filing | Notification of late filing |
| Jul 2, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 3, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 16, 2020 | Late filing | Notification of late filing |
| Apr 26, 2019 | Name change | Name changed from 3PEA INTERNATIONAL, INC. to Paysign, Inc. |
| Aug 8, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 19, 2017 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 2, 2012 | Late filing | Notification of late filing |
| Apr 1, 2011 | Late filing | Notification of late filing |