CPI Card Group Inc.
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- CPI Card Group Inc. (Nasdaq: PMTS) operates as a payments technology company that designs, produces, personalizes, packages, and fulfills payment cards and related digital solutions primarily for financial institutions, fintechs, prepaid program managers, and other issuers in the United States. The company offers a comprehensive portfolio of products and services, including secure debit and credit cards such as EMV chip, contactless, dual interface, magnetic stripe, eco-focused, and metal cards; prepaid debit cards encompassing open-loop general purpose reloadable, retail gift, payroll, incentive, and government benefit cards with tamper-evident packaging; instant issuance solutions like Card@Once SaaS platform; digital offerings such as push provisioning for mobile wallets, virtual cards, and digital delivery; card personalization, fulfillment, and on-demand print services; and additional solutions for healthcare payments, transit, entertainment venues, and identification cards. CPI Card Group maintains manufacturing facilities across the United States, with headquarters in Littleton, Colorado, where it traces its origins to 1982. In recent developments, CPI Card Group acquired Arroweye Solutions Inc. for $45.55 million in May 2025, integrating on-demand, digitally-driven payment card capabilities to expand its portfolio, customer base, and market penetration in personalization and instant issuance. The company announced construction of a new production facility in Fort Wayne, Indiana, in April 2024, set to double capacity with advanced digital automation, co-bots, and inline production, with operations commencing in mid-2025 and full transition by early 2026. Additionally, CPI Card Group formed a strategic partnership and made a minority equity investment in Karta in October 2025 to enhance prepaid card security through integration of SafeToBuy technology, alongside expansions in Card@Once instant issuance, digital solutions, healthcare payment cards, premium metal cards, and closed-loop prepaid markets.
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