VSI

What VSI does

V Systems Incorporated (VSI), founded in 1984 and headquartered in Pearland, Texas, is a privately held microbusiness (approximately 5 employees) that develops and supports vertical software and managed IT services for the US check cashing and short-term lending industry. Its two flagship proprietary products are CHECKPRO, an automated point-of-sale and accounting system for single- and multi-store check cashing operations, and LOANPRO, a point-of-sale short-term lending system covering payday loans, auto title loans, and deferred deposits. These products run primarily on Windows/.NET (with C# ASP Web Client API) and are layered atop Open Systems Accounting Software (BBX4, Pro/5) on SCO UNIX or RedHat Linux servers, supplemented by proprietary add-ons including IMAGEPRO (photo/signature capture with cloud storage sync) and built-in debit/credit/EBT card processing via Monetra. The product set is reinforced by regulatory integrations with OFAC and state lending databases (Florida, Idaho, Illinois, Kentucky, South Carolina, Washington, Alabama) and by a value-added reseller relationship with SDSI for UnForm document management.

VSI monetizes through a mix of one-time software licenses (CHECKPRO, LOANPRO, OSAS), hardware sales (servers, check readers, printers, VeriFone PINpads), subscription-style managed IT services (workstation, server, network, cloud, backup, disaster recovery), hourly remote support ($95/hour in 15-minute increments via GoToAssist), Web Client API module-based subscriptions, and professional services for custom development, website design/hosting, and UnForm rule set development. Go-to-market is direct sales-led (phone, 713-680-1993) targeting SMB check cashing centers and payday/title lenders, with regional on-site service in the Houston area and nationwide remote support. Primary customers are single-store and small multi-store financial services operators, exemplified by named client Fast Check of Florida.

The company's strategic positioning is one of deep domain specialization and regulatory compliance over nearly 40 years, rather than scale or technology leadership. Its platform architecture is mature and stable but built on legacy server operating systems (SCO UNIX, RedHat Linux) and on-premise deployment, and there is no disclosed AI/ML capability, cloud-native product, or external funding. Revenue is not publicly disclosed, and the business appears to be founder/management-owned and self-sustaining since 1984.

Name

VSI

Legal name

V Systems Incorporated

Website

https://vsi-hou.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

V Systems Incorporated (VSI) is a privately held Pearland, Texas microbusiness that develops CHECKPRO and LOANPRO point-of-sale software, plus managed IT services, for US check cashing centers and short-term lenders.

Ownership category

akta.pro rank

Product category

Financial Services Software (Check Cashing & Short-Term Lending)

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)

Keywords

• Check cashing software
• Payday loan software
• Point of sale systems
• Short-term lending software
• Managed IT services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Software Licensing (CHECKPRO, LOANPRO): Sale of point-of-sale and short-term lending software systems for check cashing and payday loan businesses. Software is installed on customer premises with server-based architecture.
2. Managed IT Services: Ongoing managed IT services including workstation, server, network, internet, website support, cloud services, backups and disaster recovery. Support available 24x7 or business hours.
3. Remote Support Services: Remote support billed in 15-minute increments at $95/hour. Provides anytime, anywhere remote support service resolving most issues within 30 minutes.
4. Hardware Sales: Sale and service of servers (SCO UNIX, RedHat Linux, Microsoft Windows), networking components, check readers, receipt printers, and related equipment.
5. Website Development & Hosting: Design, setup, hosting, and maintenance of websites and email including domain registration, SSL certificates, CGI and API web services, custom forms development.
6. Custom Development & Reports: Custom application development and reports for Open Systems (BBX4, Pro/5), Perl scripting, SOAP, CGI, and related technologies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

VSI develops, sells, and supports proprietary point-of-sale software (CHECKPRO) for check cashing operations and short-term lending software (LOANPRO) for payday and auto title loan businesses, including inventory control, integrated accounting, and multi-store management. The company also resells and supports Open Systems Accounting Software (BBX4/Pro/5) and UnForm document management, and delivers managed IT services, remote support, website development, and related hardware.

Product overview

V Systems Incorporated (VSI) offers a portfolio of financial services software solutions centered around two core proprietary products: CHECKPRO and LOANPRO, complemented by Open Systems Accounting Software (OSAS) as the underlying ERP platform. CHECKPRO is the flagship point-of-sale system for automated check cashing operations, while LOANPRO provides short-term lending capabilities including payday loans and auto title loans. These core products are enhanced by add-on modules including Web Client API for online customer access, IMAGEPRO for customer identification via photos and signatures, and built-in direct card processing support for debit, credit, and EBT transactions. VSI also resells and supports UnForm document management solutions from SDSI, and provides managed IT services, website development, and remote support. The products share common infrastructure including state database integration, OFAC compliance checks, and support for various data imports from third-party systems.

Differentiator

Problem solved

Functional benefit

Brands

• CHECKPRO: Point of Sale software for check cashing centers, providing automated and computerized check cashing, inventory control, reports and integrated accounting.
• LOANPRO
• Open Systems Accounting Software (OSAS)
• UnForm
• IMAGEPRO

Products and services

• CHECKPRO Point of Sale Automated and computerized point-of-sale system for check cashing centers, providing point of sale, inventory control, reports, and integrated accounting for single or multiple stores. Designed for single-store and multi-store check cashing operators needing automated check verification, cash handling, and regulatory compliance.
• LOANPRO Short-Term Lending System State-of-the-art point-of-sale short-term lending system providing extensive and detailed customer information for payday loans, auto title loans, deferred deposits, and returned check management, with complete software and hardware support. Built for payday loan and auto title lenders requiring compliance with state databases and OFAC.
• Open Systems Accounting Software (OSAS) Complete business ERP solution (BBX4 and Pro/5) from Open Systems that supports both Linux and Unix platforms, providing cross-platform accounting and business management. VSI is an award-winning sales and service provider offering hardware/software sales, service, custom development, and reports.
• Web Client API & SOAP Services Online web services API (C# ASP.NET) that extends CHECKPRO, LOANPRO, and Open Systems beyond brick-and-mortar stores, enabling customers to securely manage their own information, check loan eligibility, apply for deferred deposits, check balances, make online payments, or place orders. Sold on a module-based monthly subscription.
• IMAGEPRO Customer Photo & Signature Capture Captures and displays photographs and signatures of CHECKPRO and LOANPRO customers in real time using standard webcams and scanned/imported signature images, with cloud storage support via ownCloud, Dropbox, Skydrive, and Google Cloud Drive. Provides proof-positive identification for tellers.
• UnForm Document Management Platform-independent document management solution (from Synergetic Data Systems/SDSI) that creates, delivers, stores, and retrieves graphically enhanced documents from ERP application printing. VSI provides sales, service, installation, rule set development, and troubleshooting support, with pre-defined rule files for Addon, Appgen, Counterpoint, FACTS, OSAS, and SX.e.
• Managed IT Services Managed IT services covering workstations, servers, network, internet, websites, cloud services, backups, and disaster recovery for SMB customers, available 24x7 or during business hours. Includes anytime, anywhere remote support service via GoToAssist that can resolve most issues within 30 minutes.
• Remote Support Services Anytime, anywhere remote support service billed at $95.00/hour in 15-minute increments, resolving most issues within 30 minutes. Available for computer, email, and networking issues via GoToAssist, with unattended support option for problem resolution.
• Website Design, Hosting & Development Design, setup, hosting, and maintenance of websites and email for SMB customers, including domain registration, SSL certificates, CGI and API web services, and custom forms development. Marketed as a natural extension of VSI's back-end data and software management.
• Custom Development & Reporting Services Custom application development and reporting work for Open Systems (BBX4, Pro/5), including Perl scripting, SOAP, CGI, and related technologies, billed as professional services.

Quantifiable outcome

• Most remote support issues resolved within 30 minutes
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• SDSI (Synergetic Data Systems)coreTechnology or IntegrationVSI has over 10 years of experience with UnForm and other SDSI products. They offer complete sales, service, installation, rule set development, and troubleshooting support. UnForm is used by CHECKPRO and LOANPRO to generate professional laser forms such as loan contract documents.
• Main Street SoftworkscoreTechnology or IntegrationVSI customers need to purchase Monetra package from Main Street Softworks. Monetra provides direct communication with card processing companies for credit, debit, and EBT card transactions in CHECKPRO and LOANPRO.
• Open SystemscoreTechnology or IntegrationVSI has been selling, supporting, and developing custom applications for Open Systems (BBX4, Pro/5) for over 20 years. Open Systems provides ERP accounting software running on SCO UNIX or RedHat Linux Enterprise.
• OFAC (Office of Foreign Assets Control)coreTechnology or IntegrationFederal OFAC integration is built into CHECKPRO and LOANPRO for regulatory compliance. VSI integrates with state databases and third-party services for compliance requirements.
• State DatabasescoreTechnology or IntegrationState database integration available for Florida, Idaho, Illinois, Kentucky, South Carolina, and Washington. VSI provides Alabama state database. Integration enables regulatory compliance for short-term lending.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Deltec Inc. (EZCheck): Deltec's EZCheck is a competing point-of-sale and reporting software package purpose-built for check cashing and short-term lending businesses, directly overlapping with CHECKPRO and LOANPRO in function and customer segment.
• NetSol Technologies: NetSol provides lending, leasing, and asset finance software platforms to financial services customers, sharing the lending-management domain VSI targets with LOANPRO.

Others

• Synergetic Data Systems (SDSI / UnForm): Developer of the UnForm document management platform that VSI resells, supports, and integrates with CHECKPRO/LOANPRO - a direct technology partner and adjacent infrastructure provider in the same customer workflow.
• Main Street Softworks (Monetra): Vendor of the Monetra payment processing gateway that CHECKPRO and LOANPRO use for debit, credit, and EBT card transactions; a payments-infrastructure partner operating in the same end-customer workflow.
• Open Systems Holdings (OSAS): Vendor of the Open Systems Accounting Software (BBX4, Pro/5) platform that VSI has resold, supported, and customized for over 20 years - a core ERP partner to VSI's services practice.

Broad incumbents

• ACI Worldwide: Large incumbent financial software vendor covering payments, fraud, and financial crime management across banks and merchants - overlapping with VSI's regulatory and transaction-routing functionality at far greater scale.
• Jack Henry & Associates: Established provider of core banking, payments, and lending technology to community banks and credit unions - overlapping with LOANPRO's lending functionality and POS/support services in a far broader portfolio.
• Fiserv: Large incumbent merchant acquiring, banking, and lending technology provider; its Clover and loan-origination offerings overlap with VSI's POS and lending functionality as part of a much wider product suite.
• Temenos: Global banking software incumbent covering core banking, lending, and digital channels, operating at a vastly larger scale than VSI but overlapping with LOANPRO's lending workflow and the Web Client API.
• NCR Corporation: Long-established POS hardware and services provider with a financial-services vertical offering; relevant peer because VSI sells and supports SCO UNIX, RedHat Linux, and Windows servers and check-reader peripherals alongside its software.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/CheckPro

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VSI