SAN ANTONIO, June 14, 2021 (GLOBE NEWSWIRE) -- Usio, Inc: (Nasdaq: USIO), a FinTech and integrated electronic payment solutions provider, today announced that its common shares have been approved for listing on the Nasdaq Global Market®. Common shares will begin trading on the Nasdaq Global Market® on June 15th under the Company's current ticker symbol – USIO.
“Uplisting our stock to the Nasdaq Global Market® is an important milestone that builds on the positive momentum generated by our growing string of record transaction processing results,” said Louis Hoch, President and Chief Executive Officer of Usio. “Along with increasing our visibility in the marketplace, we anticipate this uplisting to improve the liquidity of our stock, further broaden our institutional shareholder base and ultimately enhance long-term shareholder value. Additionally, we expect this uplisting to further enhance our ability to implement our multi-channel growth strategy and optimize the Company’s return on invested capital.”
A listing on the Nasdaq Global Market® is considered an indicator of status and success for companies that qualify for listing. Listed companies must satisfy stringent financial, liquidity and corporate governance requirements, both initially and on an ongoing basis.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, crypto exchanges and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas and Franklin, Tennessee, just outside of Nashville.