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Usio Announces Closing Of $1 Million Strategic Investment By Premier Cryptocurrency Partner, Voyager Digital

Nov 23, 2021about 4 years ago

Amount Raised

$1 Million

Round Type

seed

San Antonio

Description

Usio, Inc. (Nasdaq: USIO), a fintech integrated electronic payment solutions provider, today announced the closing of a private placement of 142,857 shares of common stock, at a purchase price of $7.00, for net proceeds of $1 million. The shares were priced using a five-day weighted average at the market price with November 19th as the closing date. Usio intends to use the proceeds from the placement for working capital.

Company Information

Company

Usio

Location

San Antonio, Texas, United States

About

The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to its clients.