Daniel Spence Net Worth

The estimated Net Worth of Daniel Spence is at least $41.5 Million dollars as of 27 March 2023. Mr. Spence owns over 200,000 units of PaySign stock worth over $38,873,700 and over the last 5 years he sold PAYS stock worth over $2,005,482. In addition, he makes $663,036 as Chief Technology Officer and Director at PaySign.

Wallmine is a radically better financial terminal.
Sign up in seconds, it's free!

Sign up

Already have an account? Sign in

Mr. Spence PAYS stock SEC Form 4 insiders trading

Daniel has made over 4 trades of the PaySign stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 200,000 units of PAYS stock worth $666,000 on 27 March 2023.

The largest trade he's ever made was selling 200,000 units of PaySign stock on 27 March 2023 worth over $666,000. On average, Daniel trades about 46,667 units every 142 days since 2019. As of 27 March 2023 he still owns at least 9,190,000 units of PaySign stock.

You can see the complete history of Mr. Spence stock trades at the bottom of the page.

Daniel Spence biography

Daniel H. Spence is Chief Technology Officer, Director of the Company. Mr. Spence is responsible for the design and architecture of the Paysign® payments platform. Prior to founding 3PEA Technologies, Inc. with co-founder Mr. Newcomer, Mr. Spence designed and developed secure middleware for Internet financial processing systems in various contract positions. Mr. Spence was Systems Manager from 1995 to 1997, and then Director of Technology Planning from 1997 to 1999 at The Associated Press, the world’s largest news gathering organization with over 4000 employees in 227 countries. From 1984-1994, Mr. Spence was with Coca-Cola in Australia implementing financial and line of business systems for Coca-Cola operations worldwide. In 2007-2008, he was Project Manager for the implementation of Medicare Easyclaim for ANZ Bank in Australia. Easyclaim allows patients and medical practitioners to lodge Medicare claims using the existing EFTPOS infrastructure. In 2010-2011 he was Business Analyst on the EFT and Banking Stream that was responsible for the upgrade of POS Terminals to EMV capability for Australia Post. Previously for 3PEA, he designed and developed EFTPOS terminals and secure key injection systems, and the software tools (API/SDK) for the EFTPOS terminal integration by third party developers. He has certified several financial interchanges in the ISO8583 and AS2805 standards to various EFT networks in the United States and Australia. He has over 25 years’ experience deploying large-scale technology solutions for major international corporations.

What is the salary of Daniel Spence?

As the Chief Technology Officer and Director of PaySign, the total compensation of Daniel Spence at PaySign is $663,036. There are 2 executives at PaySign getting paid more, with Mark Newcomer having the highest compensation of $1,031,970.

How old is Daniel Spence?

Daniel Spence is 56, he's been the Chief Technology Officer and Director of PaySign since 2018. There are 6 older and 7 younger executives at PaySign. The oldest executive at PaySign, Inc. is Bruce Mina, 73, who is the Independent Director.

What's Daniel Spence's mailing address?

Daniel's mailing address filed with the SEC is Saint Rose Parkway, Henderson, Clark County, Nevada, 89052, United States.

Insiders trading at PaySign

Over the last 5 years, insiders at PaySign have traded over $5,876,461 worth of PaySign stock and bought 1,608,946 units worth $4,766,335 . The most active insiders traders include Capital Management, Llc Mc ..., Capital Partners, Lp Topline, and Daniel R Henry. On average, PaySign executives and independent directors trade stock every 24 days with the average trade being worth of $257,349. The most recent stock trade was executed by Robert Strobo on 5 August 2024, trading 29,690 units of PAYS stock currently worth $134,793.

What does PaySign 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 non–profits 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.

Complete history of Mr. Spence stock trades at PaySign

PaySign executives and stock owners

PaySign executives and other stock owners filed with the SEC include:

• Mark Newcomer,
  President, Chief Executive Officer, Director
• Mark R. Newcomer,
  Co-Founder, Vice-Chairman & CEO
• Daniel Spence,
  Chief Technology Officer, Director
• Mark Attinger,
  Chief Financial Officer, Treasurer
• Daniel H. Spence,
  Co-Founder & Director
• Daniel Henry,
  Independent Chairman of the Board
• Joan Herman,
  Chief Operating Officer, Director
• Quinn Williams,
  Independent Director
• Dennis Triplett,
  Independent Director
• Bruce Mina,
  Independent Director
• Robert Strobo,
  General Counsel, Secretary, Chief Legal Officer
• Robert P. Strobo Esq.,
  Gen. Counsel, Chief Legal Officer & Corp. Sec.
• Brad Cunningham,
  Chief Technology Officer
• Alicia Ches,
  Director of Marketing
• Jeffery B. Baker,
  CFO & Treasurer
• Matthew Lanford,
  COO & Pres
• Alberto Negron,
  Exec. VP of Channel Strategy & Sales Growth
• Dennis M. DiVenuta J.D.,
  Exec. VP of Strategy & Corp. Devel.
• Eric Trudeau,
  Chief Compliance Officer
• James McCroy,
  Exec. VP of Strategic Devel./IR
• Joan M. Herman,
  COO & Exec. Director
• Capital Partners, Lp Topline,
  10% owner
• Jeffrey B Newman,
  Director
• Jeffery Bradford Baker,
  Chief Financial Officer
• Matthew Louis Lanford,
  Chief Payments Officer
• Capital Management, Llc Mc ...,