SurgePays, Inc.

SurgePays, Inc. is a wireless and point-of-sale technology company that serves underserved and value-conscious consumers through retail distribution and digital acquisition channels. The company offers mobile connectivity, financial technology services, and transaction processing solutions via an integrated platform that combines wireless services with point-of-sale software and nationwide retail distribution. SurgePays operates a network of over 9,000 independently owned convenience stores and similar retail locations, which serve as a primary distribution channel. Additionally, the company acquires customers through digital channels, including ProgramBenefits.com, for direct-to-consumer engagement. Through these channels, SurgePays enables in-store and online activation of wireless services, prepaid top-ups, and financial transactions. The company's revenue is generated from recurring wireless services, transaction fees, and other value-added services delivered through its platform. SurgePays generates revenue across multiple channels, including subsidized wireless programs, prepaid wireless services, wholesale wireless enablement, point-of-sale transaction processing, and in-store digital advertising through its Managed Marketing Services platform. These channels operate on shared infrastructure. SurgePays has direct carrier relationships and operates its own mobile virtual network platform, allowing it to provide wireless services directly to consumers and to third-party providers, participating in both retail and wholesale wireless markets. Growth is driven by subscriber acquisition and expansion of services across the existing customer base.