Innovative Payment Solutions Subsidiary Astria Insurance Generates First Revenue

New VP of Payment Solutions Products appointed to lead fintech and payments ecosystem expansion.

Mar. 31, 2026 at 2:18pm

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A sleek, modern laptop computer, a stylized payment terminal, and a stack of insurance documents arranged elegantly on a clean, monochromatic background, conceptually representing the integration of financial technology, digital payments, and insurance services.A modern, minimalist still life captures the convergence of fintech, digital payments, and insurance services that Innovative Payment Solutions is driving through strategic partnerships and new product development.

Innovative Payment Solutions, Inc. (IPSI) announced that its wholly owned subsidiary, Astria Insurance Solutions Inc. (AIS), has generated its first revenue under a previously announced Marketing & Services Agreement. This milestone marks the beginning of IPSI's monetization phase within the insurance sector. IPSI also appointed Jackie Martine as VP of Payment Solutions Products to lead the company's payment product strategy and work with key partners.

Why it matters

This revenue milestone for AIS is a significant step in IPSI's broader strategy to build an integrated insurance and financial services platform. The appointment of an experienced payments executive like Jackie Martine also signals IPSI's commitment to scaling its fintech and payments ecosystem through strategic partnerships and new product offerings.

The details

Following the successful launch of AIS's insurance marketing platform and services in March 2026, the company has completed initial sales and generated its first Software as a Service (SaaS) revenue. AIS is expected to receive its first revenue payment in the first week of April 2026. This marks the beginning of IPSI's monetization phase within the insurance sector. In a parallel move, IPSI appointed Jackie Martine as VP of Payment Solutions Products. Martine brings over 20 years of industry experience, including 6 years at Worldpay where she managed an Independent Sales Organization (ISO) division and developed an extensive merchant network. In her new role, Martine will lead IPSI's payment product strategy and work closely with key partners like Payzli.com and other payment solution providers and banks. Under her leadership, IPSI plans to expand its offering of financial products and services, including neobank and open banking solutions, salary advance and earned wage access programs, gaming and sports betting, micro-loans and consumer lending, and a consumer financial services marketplace.

  • AIS launched its insurance marketing platform and services in March 2026.
  • AIS is expected to receive its first SaaS revenue payment in the first week of April 2026.

The players

Innovative Payment Solutions, Inc. (IPSI)

A provider of merchant processing, digital payment solutions, and financial technology services. IPSI is focused on delivering modern payment infrastructure across credit, debit, real-time bank-to-bank transfers, and cryptocurrency payment rails.

Astria Insurance Solutions Inc. (AIS)

A wholly owned subsidiary of IPSI that was formed as part of IPSI's broader strategy to build an integrated insurance and financial services platform.

Jackie Martine

The newly appointed VP of Payment Solutions Products at IPSI. Martine brings over 20 years of industry experience, including 6 years at Worldpay where she managed an Independent Sales Organization (ISO) division and developed an extensive merchant network.

Payzli.com

A key partner that IPSI will work with under Martine's leadership to expand its offering of financial products and services.

Bill Corbett

The CEO of IPSI.

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What they’re saying

“Jackie allows us to accelerate the rollout of high-value payment products. We are now fully aligned with our payment solutions partners, and their partner banks. At the same time, bringing in experienced leadership. This is about building multiple revenue streams that work together.”

— Bill Corbett, CEO of IPSI

“We moved from formation to launch, and now to revenue. This is not theoretical anymore we are generating sales. Our focus now is scaling volume, expanding licensing, and accelerating growth across the platform.”

— Bill Corbett, CEO of IPSI

What’s next

IPSI plans to focus on scaling volume, expanding licensing, and accelerating growth across its integrated insurance and financial services platform.

The takeaway

IPSI's milestone revenue generation for its AIS subsidiary and the appointment of an experienced payments executive signal the company's progress in building a comprehensive fintech and insurance ecosystem through strategic partnerships and new product offerings.