Daniel H. Spence
Net Worth
Last updated:
What is Daniel H. Spence net worth?
The estimated net worth of Mr. Daniel H. Spence is at least $53,460,426 as of 27 Sep 2024. He owns shares worth $47,722,500 as insider, has earned $2,137,926 from insider trading and has received compensation worth at least $3,600,000 in PaySign, Inc..
What is the salary of Daniel H. Spence?
Mr. Daniel H. Spence salary is $600,000 per year as Co-Founder & Director in PaySign, Inc..
How old is Daniel H. Spence?
Mr. Daniel H. Spence is 61 years old, born in 1964.
What stocks does Daniel H. Spence currently own?
As insider, Mr. Daniel H. Spence owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
PaySign, Inc. (PAYS) | Co-Founder & Director | 9,090,000 | $5.25 | $47,722,500 |
What does PaySign, Inc. do?
PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications. It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform. The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, it offers and Per Diem/Corporate Expense Payments that allows businesses, and nonprofits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports. Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico. The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada.
Daniel H. Spence insider trading
PaySign, Inc.
Mr. Daniel H. Spence has made 7 insider trades between 2019-2024, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of PAYS stock worth $360,500 on 27 Sep 2024.
The largest trade he's ever made was exercising 200,000 units of PAYS stock on 27 Mar 2023. As of 27 Sep 2024 he still owns at least 9,090,000 units of PAYS stock.
PaySign key executives
PaySign, Inc. executives and other stock owners filed with the SEC:
- Mr. Daniel H. Spence (61) Co-Founder & Director
- Mr. Mark R. Newcomer (60) Co-Founder, Vice-Chairman & Chief Executive Officer