# USA Technologies

USA Technologies is an Asset Manager based in Malvern, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Malvern, United States
- **Region:** North America
- **Address:** Malvern, United States
- **Assets under management:** Undisclosed
- **Website:** http://www.usatechinc.com
- **LinkedIn:** https://www.linkedin.com/company/usa-technologies

## About

USA Technologies is an SEC-registered investment adviser with $54 million in regulatory assets under management. The firm has 9 employees and 1 investment adviser. It operates with a single investment advisory team.

## Sectors

- Enterprise Software
- FinTech
- Infrastructure

## Questions

### How does USA Technologies generate revenue?

USA Technologies earns revenue through transaction processing fees (per-transaction charges on cashless payments), equipment sales of card readers and telemetry devices, and subscription fees for software platforms like ePort Connect. The firm also offers value-added services such as inventory management and remote monitoring, billed on a per-device or tiered subscription basis.

### What investment stages or capital markets activity does USA Technologies pursue?

USA Technologies is a publicly traded company (NASDAQ: USAT) and does not act as an investment firm deploying external capital. It raises capital through equity offerings and debt facilities for operations and acquisitions. The company has an active M&A strategy, having acquired Vendors Exchange International in 2021 and 365 Retail Markets in 2022, both aimed at expanding software capabilities and market reach.

### Does USA Technologies have any operating businesses or subsidiaries outside of payments?

Yes, USA Technologies operates several subsidiaries, including Vendors Exchange International (a distributor of vending equipment and parts) and 365 Retail Markets (a provider of micro-market software). These subsidiaries are integrated into the firm's broader ecosystem, providing hardware distribution and additional software modules that enhance the core ePort platform.

## Related profiles

- [Itafos](https://altss.com/profile/itafos)
- [VerticalScope Inc](https://altss.com/profile/verticalscope-inc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/usa-technologies

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology