Full-Time
Machine Operator
CPI Card Group
501-1,000 employees
Payments technology platform for financial institutions
Compensation Overview
$19.50/hr
Fort Wayne, IN, USA
In Person
 Manufacturing & Production Operations (1) |
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- A high school diploma or equivalent is required; additional technical training is a plus.
- At least one year of experience in machine operation is required.
- Strong mechanical aptitude, problem-solving skills, attention to detail, and the ability to distinguish colors are required.
- Proficiency in mathematics for calculating percentages, areas, and volumes is required.
- Ability to set up computer-aided machinery and solid understanding of Windows-based computers are required.
- Ability to collaborate effectively with team members is required.
- Dependability and a track record of good attendance and punctuality are required.
- Elementary English communication proficiency is required.
- Ability to work overtime is required.
- Ability to stand for long periods, stoop, walk, bend, pull, climb, and lift materials weighing up to 50 pounds is required.
- A complete background check and drug screen are contingent upon hire.
- Manage and monitor production line machinery, conducting routine inspections and maintenance to ensure optimal performance.
- Follow safety protocols, work collaboratively with team members, achieve daily production targets, and maintain quality standards.
- Accurately document production metrics and promptly communicate issues to management for resolution.
- Additional technical training is a plus.
CPI Card Group is a payments technology company that provides the connections, people, and software needed to issue and process payment cards for a broad set of customers, including thousands of U.S. financial institutions, processors, fintechs, prepaid program managers, and more. It operates a proprietary platform that links issuers, processors, networks, and program managers to support card issuance, card processing, and program management across current and emerging payment methods. The company differentiates itself through its extensive network, long-standing relationships, and flexible, integrated solutions that cover issuance, processing, and program management at scale. Its goal is to enable customers to deliver and manage payment card programs today and as the payments landscape evolves in the future.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Littleton, Colorado
Founded
1982
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Simplify's Take
What believers are saying
- Q2 2026 revenue rose 15% to $149.2 million, and H1 hit a record $296 million.
- Management lifted 2026 free cash flow guidance to $45 million-$50 million after $36 million H1.
- July 2026 redeemed $26.5 million of notes, cutting net leverage toward 2.7x.
What critics are saying
- Prepaid Solutions stayed choppy in 2026, tied to fraud-prevention transitions and order timing.
- Arroweye integration costs, tariff expenses, and higher depreciation pressured Q1 2026 margins.
- With $295.6 million debt, CPI faces refinancing stress if card demand or cash conversion slips.
What makes CPI Card Group unique
- CPI’s contactless metal cards and personalization drove 35% Secure Card Solutions growth in Q1 2026.
- The May 2025 Arroweye deal and August 2026 TRISM acquisition expand instant-issuance reach.
- Fiserv’s 2026 referral agreement plugs CPI into 10,000 institutions via Card@Once SaaS.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Growth & Insights and Company News
6 month growth
↑ 6%1 year growth
↑ 6%2 year growth
↑ 5%CPI Card Group announced the pricing of a secondary public offering of 2,337,323 shares of common stock at $21.50 per share. The shares are being sold by stockholders affiliated with Parallel49 Equity. Underwriters received a 30-day option to purchase up to an additional 350,598 shares at the offering price. The offering is expected to close on or about 14 September 2026, subject to customary closing conditions. CPI is not offering any shares and will not receive proceeds from the sale. Total gross proceeds to the selling stockholders, before deducting underwriting discounts and expenses, are expected to be approximately $50.3 million. B. Riley Securities and D.A. Davidson & Co. are serving as joint book-running managers, whilst Lake Street Capital Markets is acting as co-manager for the offering.
CPI Card Group reported strong financial results for the second quarter and first half of 2026, delivering revenue growth of 15% and 17% respectively. The first half performance marked a record for the company. The firm announced that Terra Grantham has been permanently appointed as Chief Financial Officer, having previously served as interim CFO. Grantham joined CPI in 2017 and has been instrumental in the company's development as a payments technology provider. CPI also welcomed Davis Barker as Head of Investor Relations. President and Chief Executive Officer John Lowe expressed confidence in the leadership team's ability to communicate the company's value proposition to investors. The company held its earnings call on 6th August 2026, where executives discussed the quarterly results and took questions from analysts.
CPI Card Group reported second-quarter revenue growth of 15% to $149 million, up from $130 million year-over-year. The company raised its 2026 revenue growth outlook to high single digits to low double digits and increased free cash flow guidance to $45 million-$50 million. First-half free cash flow reached a record $36 million, compared with $1 million in the prior-year period. Secure Card Solutions revenue increased 17% to $111 million, driven by higher contactless card volumes and a $5 million contribution from Arroweye, acquired in May 2025. The TRISM Instant Issuance acquisition is expected to drive Integrated Paytech growth to approximately 20% in 2026, with $3.5 million-$4 million of revenue anticipated later this year. Prepaid Solutions revenue increased 18% to $23 million, though the company expects continued market volatility through late 2026.
CPI Card Group reported record first-half revenue growth of 17%, driven by strong demand for contactless cards and personalization solutions. The company raised its full-year revenue guidance to high single digits to low double digits. The firm successfully integrated Arroweye and acquired TRISM, which doubles its addressable market for instant issuance by adding on-premise solutions for large financial institutions. Integrated Paytech revenue growth expectations increased from 15% to approximately 20% for 2026. CPI Card Group achieved record free cash flow of $36 million in the first half through inventory optimization. Full-year free cash flow guidance was raised to $45 million to $50 million. In July 2026, the company redeemed $26.5 million of senior notes, reducing net leverage to 2.7x from 3.6x the previous year. Management expects the Prepaid Solutions segment to remain choppy through late 2026 due to fraud prevention transitions.
J.P. Morgan Payments taps Klarna and other digital transactions news briefs from 8/6/26. * Buy now, pay later provider Klarna AB said it completed an integration with J.P. Morgan Payments that enables merchants on the processor's Commerce Platform to offer Klarna's BNPL options at checkout with no integration on the merchant's end. * Fraud prevention services firm Signifyd said e-commerce fraud increased 33% this year over last in its State of Fraud Report 2026. It also found that account takeover attacks increased 78% year-over-year. * CPI Card Group Inc. reported second quarter 2026 revenue of $149.2 million, a 14.9% increase from $129.8 million in the corresponding quarter a year ago. Its quarterly net income jumped to $2 million from $518,000 last year. CPI, a card maker and services provider, cited its technology platform, partnerships, and ability to match market needs as part of the reason for its financial performance. * Payments-technology platform ACI Worldwide Inc. reported June-quarter revenue of $430.4 million, up 7.3% year-over-year, with net income of $31.8 million, versus $12.2 million a year ago. * FIS Inc. launched Digital One Commercial, a commercial banking technology platform in the Asia-Pacific region. The move, which includes support for digital payments, completes a rollout for the product, with introductions having already occurred in the U.S. and Europe. * Israel-based payments company Nayax Ltd. said it has filed an application with the Connecticut Department of Banking to establish Nayax America Bank Inc., based in Fairfield County, Conn. The bank is expected to help Nayax's U.S. merchant clients access corporate cards, merchant cash advances, and other services offered through Nayax. * PSQ Holdings Inc. said its PSQ Payments unit will provide payment processing services to Rayon AI, a software developer for the firearms industry. PSQ's Credova unit will provide consumer credit services to Rayon's merchants, too. * Payments platform Corpay Inc. announced it has agreed to sell its U.K.-based fleet-software business epyx, along with related companies r2c Online and Business Gateway, to OEConnection, a portfolio company of Francisco Partners. Terms were not announced. * Shift4 Payments Inc. reported processing volume of $61 billion for the June quarter, up 22% year over year, with gross revenue of $1.295 billion, up 34%, and net income of $24 million.