JetPay Makes a Move in Texas

JetPay CEO Diane Faro wins Silver Stevie Award

Congratulations are in order for JetPay Corporation’s CEO Diane (Vogt) Faro—a 2018 Stevie Award winner. The Stevie Awards are the world’s premier business awards, created in 2002 to honor and recognize the contributions of working professionals.  Each award program recognizes a different facet of success, ranging from Women in Business to Sales & Customer Service. Faro took home the Silver…

JetPay® Corporation Reports Third Quarter Results Reports Third Quarter Revenue Growth of 14.0 %

Allentown, PA – November 9, 2018 – JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”) announced financial results for the third quarter and nine months ended September 30, 2018. Financial Highlights Revenues increased 14.0%, or $1.9 million, to $15.5 million for the three months ended September 30, 2018 as compared to $13.6 million for the same period in 2017, and increased…

NCR Steps Into Payments, Announces Definitive Agreement to Acquire JetPay

ATLANTA and ALLENTOWN, Pa. – October 22, 2018 – NCR Corporation (NYSE: NCR) today announced a definitive agreement to acquire Allentown, Pa.-based JetPay (NASDAQ: JTPY), a provider of end-to-end payment processing and Human Capital Management solutions. The transaction will be a cash tender offer of $5.05 per JetPay share, which represents a multiple of 2.9 times 2018 consensus revenue forecast…

JetPay CEO Diane (Vogt) Faro Inducted into ETA Hall of Fame

ETA Hall of Fame Inaugural class recognized during it's Strategic Leadership Forum   Allentown, PA—October 12, 2018 –JetPay Corporation ("JetPay" or the "Company") (NASDAQ: JTPY) announced today that the Electronic Transactions Association (“ETA”) has named CEO Diane (Vogt) Faro to the ETA Hall of Fame, established this year to recognize members who have made significant and lasting contributions to the…

Larry Stone Named JetPay Board Chairman

Allentown, PA – September 26, 2018—JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: JTPY) announced today the appointment of Laurence L. Stone as chairman of the Company’s Board of Directors. He assumes the role held by Bipin C. Shah since 2008. Mr. Stone, who became a member of the JetPay board in October 2016, is an industry veteran with over 27 years’ experience…

JetPay® Corporation Reports Net Income of $1.5 million and Second Quarter Revenue growth of 12.6%

Allentown, PA – August 9, 2018 – JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”) announced financial results for the second quarter and six months ended June 30, 2018. Financial Highlights • Net Income before accretion of convertible preferred stock was $1.5 million for the three months ended June 30, 2018, as compared to a loss of $(1.2) million in the…

Personify and JetPay Announce Strategic Partnership

Agreement brings additional services to online merchants Allentown, PA—June 14, 2018 – JetPay Corporation ("JetPay" or the "Company") (NASDAQ: JTPY), a leading provider of payment processing services, human capital management, payroll and payroll tax services, and Personify, a leading technology solutions provider for nonprofit organizations that includes associations, charities and health and wellness organizations, have announced a strategic partnership. The…

JetPay CEO Diane (Vogt) Faro Receives Women in Payments® Distinguished Professional Award

Lifetime achievement honor presented in Virginia Monday evening Allentown, PA - May 16, 2018 - JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: JTPY) announced Diane (Vogt) Faro, CEO of JetPay Corporation, was awarded the Women in Payments®Distinguished Professional Award at the fifth annual Women in Payments® USA Awards Dinner Monday evening in Arlington, Virginia. The event honors and celebrates achievements of women…

JetPay® Corporation Announces First Quarter 2018 Financial Results Quarterly Revenues Increase 9.5% including 14.4% Increase in Payment Services

Allentown, PA – May 14, 2018 – JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”) announced financial results for the first quarter ended March 31, 2018. Financial Highlights JetPay adopted the new accounting standards requirements of ASC Topic 606, Revenue from Contracts with Customers (“ASC Topic 606” or “ASC 606”), replacing ASC Topic 605, Revenue Recognition. The Company adopted the…