Innovative Payment Solutions, Inc.: insider trades · United States · SEC (Form 4)

About Innovative Payment Solutions, Inc.

Innovative Payment Solutions, Inc. (ticker: IPSI) is a U.S.-based fintech company that is currently quoted on the OTCQB market rather than on the NYSE or NASDAQ. The company’s principal office, as disclosed in its SEC filings, is in Las Vegas, Nevada, and its website is ipsipay.com. IPSI has positioned itself as a digital payments and financial services platform focused on underserved and unbanked consumers, while also pursuing merchant-processing opportunities. In practical terms, the business remains early-stage and execution-dependent, with a small operating footprint and a balance sheet that has required repeated strategic adjustments. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001591913/000121390026037405/ea0283528-10k_innova.htm)) According to the company’s latest SEC annual report, IPSI was formed to develop, market, distribute, and operate a merchant-processing payment solution, initially with a focus on the gaming industry. In October 2025, it formed Jetties Partners, LLC, doing business as IPSIPAY, as a 50/50 joint venture with Brant Point Solutions. That structure underscores a strategy centered on payment processing and digital commerce, while keeping an eye on niche verticals where the company believes it can differentiate. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001591913/000121390026037405/ea0283528-10k_innova.htm)) On the product side, IPSI’s flagship offering is the IPSIPay® app, which the company describes as enabling fast, secure, and affordable cross-border transactions, especially in the U.S.-Mexico remittance corridor. The company has also highlighted a VISA debit-card capability linked to the app, as well as IPSIPay Express, a separate business line aimed at real-time merchant payments for online gaming and entertainment use cases. This gives IPSI a two-pronged commercial narrative: consumer remittances and specialized merchant acquiring/processing. The competitive challenge is significant, because both markets are crowded and dominated by better-capitalized payment platforms, so market share gains will depend on product execution, distribution, and regulatory/partner relationships. ([investor.ipsipay.com](https://investor.ipsipay.com/press-releases/innovative-payment-solutions-inc-launches-second-phase-of-ipsipay-app-with-approval-for-its-visa-debit-card/)) Recent corporate developments have been important. In August 2023, IPSI completed a 1-for-30 reverse stock split, reflecting the kind of capital-structure reset often seen in microcap names. In May 2025, the company announced that it had settled a legal dispute, eliminated toxic convertible debt, and refocused on its core mission. That was a constructive step from a financing-risk perspective, but the 2025 10-K still disclosed recurring operating losses, negative operating cash flows, and substantial doubt about the company’s ability to continue as a going concern. For international investors, IPSI should therefore be viewed as a highly speculative microcap fintech with real strategic ambition, but with material execution, financing, and dilution risk. ([investor.ipsipay.com](https://investor.ipsipay.com/press-releases/innovative-payment-solutions-announces-1-for-30-reverse-stock-split-effective-as-of-tuesday-morning-august-30-2023/))