# Usio

> Usio is a publicly traded U.S. payments technology company combining card and ACH acceptance, embedded payments for software platforms, prepaid card program management, funds disbursement, and electronic and printed billing. Its customers include software vendors, fintech businesses, utilities, financial institutions, governments, and nonprofits.

- **Founded:** 1998
- **Headquarters:** San Antonio, United States
- **Founders:** Louis Hoch (Co-founder, Chairman, President and CEO), Michael Long (Co-founder; former CEO and Chairman (died in 2022))
- **Products:** PayFac-as-a-Service / PayFac-in-a-Box, ACH and complementary services, Card Processing, Card Issuing and Akimbo, Consumer Choice
- **Notable:** Nacha Certified Third-Party Sender, as stated on its ACH product page., Acquired Akimbo Financial in 2014 and Singular Payments in 2017, according to its corporate history., Returned to electronic bill presentment through its 2020 IMS asset acquisition.

## Products & services

- **PayFac-as-a-Service / PayFac-in-a-Box** — Embedded payment acceptance and merchant onboarding for software platforms, with payment facilitator infrastructure supplied by Usio.
- **ACH and complementary services** — Bank-account payments, Same Day ACH, recurring billing, account validation, PINless debit and related money movement tools.
- **Card Processing** — Credit and debit card payment acceptance for merchants and integrated software applications.
- **Card Issuing and Akimbo** — Physical and virtual prepaid card programs for incentives, expenses, refunds and aid; Usio states Sunrise Banks N.A. sponsors its card programs under a Mastercard license.
- **Consumer Choice** — API or batch-based disbursements that notify recipients and let them select a supported payout method, including cards, bank transfers or printed checks.
- **Output Solutions** — Electronic bill presentment, document storage, design, printing, mailing and check fulfillment. IMS assets acquired in December 2020 supplied this business.
- **Text2Pay and Hosted Payment Pages** — SMS payment requests and hosted online payment interfaces.

## Achievements

- Nacha Certified Third-Party Sender, as stated on its ACH product page.
- Acquired Akimbo Financial in 2014 and Singular Payments in 2017, according to its corporate history.
- Returned to electronic bill presentment through its 2020 IMS asset acquisition.
- Q2 2026 revenue increased 19% year over year, with approximately USD 0.3 million GAAP net income.

## Latest updates

- **2026-03** — Reported 2025 revenue of USD 85.4 million and a GAAP net loss of approximately USD 2.5 million.
- **2026-08** — Reported Q2 2026 revenue of USD 23.7 million, up 19%, and raised full-year revenue growth guidance to 14-16%; guidance is a forecast.
- **2026-10** — Published October 15 articles on insurance premium payments and claims disbursements, and print-on-demand mailing; an October 16 article addressed payments for healthcare SaaS companies.

## Links

- Website: https://usio.com/
- LinkedIn: https://www.linkedin.com/company/usiofintech/
- Twitter/X: https://twitter.com/usioinc
- YouTube: https://www.youtube.com/@Usio-inc
- Facebook: https://www.facebook.com/usioinc

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Profile page: https://yespress.io/usio
Published by YesPress — https://yespress.io
Last updated: 2026-10-25