Welcome to our dedicated page for Innovative Payment Solutions SEC filings (Ticker: IPSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Innovative Payment Solutions filings document material events for a Nevada fintech company focused on merchant processing and digital payment infrastructure. Recent Form 8-K reports disclose the formation and operating agreement for Jetties Partners, LLC, doing business as IPSIPAY, including its purpose, governance structure, management rights and role in real-time merchant processing solutions for gaming, sportsbook and casino entertainment markets.
The filing record also documents amendments and restatements to the company’s Nevada articles of incorporation. These disclosures address authorized common and preferred stock, par values, board authority to designate preferred stock series, shareholder written consents and other capital-structure and corporate-governance matters.
Innovative Payment Solutions, Inc. reports Q1 2026 with no revenue and a net loss of $585,458, compared with a loss of $3,749,821 a year earlier. Operations remain pre‑revenue while expenses, mainly general and administrative, totaled $1,145,293.
Total assets were $4,259,783, heavily outweighed by total liabilities of $11,123,751, leaving a stockholders’ deficit of $6,863,968. The company had cash of only $11,602 and relies on substantial $5,734,682 of convertible debt and $2,060,228 of notes payable, many of which are matured or technically in default.
Management discloses substantial doubt about the company’s ability to continue as a going concern and plans to fund operations through additional equity sales and borrowings. Common shares outstanding rose to 806,872,547 as of March 31, 2026 and 950,362,723 as of May 15, 2026, reflecting significant dilution.
Innovative Payment Solutions, Inc. reported that on January 21, 2026 it filed Amended Articles of Incorporation with the Nevada Secretary of State. The amendments were approved by a majority written consent of shareholders in accordance with Nevada law and became effective upon filing.
The company has provided the certified Amended Articles as Exhibit 3.1, and also included a cover page interactive data file embedded within the Inline XBRL document.
Innovative Payment Solutions, Inc. reports continuing operating losses, heavy leverage and significant liquidity pressure in its annual filing for the year ended December 31, 2025. The company posted a net loss of about $4.4 million for 2025, following a $4.1 million loss in 2024, and discloses an accumulated deficit of $69.0 million.
As of December 31, 2025, cash and cash equivalents were only $29,804 against about $5.4 million in convertible notes held by institutional investors that have either matured or come due in 2026, raising a going concern uncertainty. Those notes are convertible at very low or variable prices, creating the potential for substantial shareholder dilution. The company also fully impaired its IPSIPay Express joint venture and has shifted focus to a new 50/50 gaming-focused merchant processing venture, Jetties Partners, LLC, which has yet to generate revenues.
Innovative Payment Solutions, Inc. (IPSI) filed its quarterly report for the period ended September 30, 2025, showing no revenue and a larger net loss driven by fair value changes in derivatives and debt items. The company reported a net loss of $22,208,361 for the quarter and $46,529,425 for the nine months.
Liquidity remains constrained: cash was $7,045; current liabilities were $55,305,185 against total assets of $478,487. The company disclosed a stockholders’ deficit of $(54,976,698) and a sharp rise in the derivative liability to $45,016,246, reflecting repricing and valuation movements. Operating cash outflow was $535,481 for the nine months, offset by $542,000 provided by financing. The report states there is substantial doubt about the company’s ability to continue as a going concern. Shares outstanding were 454,236,931 as of September 30, 2025; as of November 14, 2025, they were 490,622,547.
Innovative Payment Solutions, Inc. entered into a Limited Liability Company Operating Agreement with Brant Point Solutions, LLC to form a Delaware joint venture, Jetties Partners, LLC (d/b/a IPSIPAY). The venture will develop, market, distribute, and operate real-time merchant processing payment solutions branded as IPSIPay or PayzliPlus, initially focused on gaming, sportsbook, and casino entertainment markets.
The agreement sets out contributions, governance, and management terms for operating the joint venture. An executed copy is filed as Exhibit 10.1.
Innovative Payment Solutions, Inc. (IPSI) restated its Articles of Incorporation. The Restated Articles were approved by majority written consent of shareholders and became effective upon filing with the Nevada Secretary of State on October 3, 2025.
The restatement consolidates all prior amendments and includes an increase in the number of authorized shares of common and preferred stock, clarification of the authorized capital structure and par values, and authorizes the Board to designate one or more series of preferred stock with specific rights and preferences. The company also made conforming, administrative, and modernizing changes. The certified Restated Articles are filed as Exhibit 3.1.