Exhibit 99.1

JetPay Corporation Reports Second Quarter Results

Revenues Increase 53.8%, Including 69.7% Increase in

Payment Services

Center Valley, PA – August 11, 2017 – JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”) announced financial results for the second quarter and six months ended June 30, 2017.

Financial Highlights

Recent News Highlights

“JetPay continued its increasingly strong results this quarter,” stated Diane Faro, CEO of JetPay Corporation. “Our 20% organic growth in the quarter and over 17% year-to-date is clear evidence that the enhancements in technology, operations, and sales and marketing we have made across the company are being well-received in the market and hold promise for further growth improvements.” Diane continued, “Most encouraging, in addition to the high growth in our Payment Services’ business, is the double-digit growth in our HR & Payroll Segment, validating the value of the investments we have made in product, sales, and leadership. With the Ten Lords, Ltd and Providence Interactive Capital, LLC lawsuit and other legacy law suits behind us, we believe that the building blocks we have put in place and the accretive acquisitions we have completed positions JetPay well in the market, which we expect will provide strong returns for our investors.”

Financial Results, Second Quarter 2017 Compared to Second Quarter 2016

Revenues were $18.8 million for the three months ended June 30, 2017, comparable to $12.2 million for the same period in 2016. Revenues for our JetPay Payment Services Segment increased $6.2 million, or 69.7%, for the three months ended June 30, 2017, compared to the same period in 2016. The increase was partially related to the June 2016 acquisition of JetPay Payment Services, FL, which contributed an incremental $3.7 million of revenues in the second quarter of 2017. Revenues for our JetPay HR and Payroll Segment increased $421,000, or 12.5%, for the three months ended June 30, 2017, as compared to the same period in 2016. This increase was attributable to increasing demand for our full-suite, human capital management services.

Operating loss for the three months ended June 30, 2017 was $(941,000), compared to an operating loss of $(6.8) million for the same period in 2016. Operating loss includes depreciation and amortization expense of $1.1 million and $967,000 for the three months ended June 30, 2017 and 2016, respectively. The decrease in operating loss was partially related to the June 2016 acquisition of JetPay Payment Services, FL contributing an incremental $406,000 of operating income in the second quarter of 2017, and a $5.6 million reduction in professional fees for non-repetitive matters and legal settlement costs, partially offset by an increase in non-cash disposal of fixed assets of $80,000.

Net loss for the three months ended June 30, 2017 was $(1.3) million or a net loss applicable to common stockholders of $(4.0) million after accretion of convertible preferred stock of $2.7 million, compared to a net loss of approximately $(5.6) million, or a net loss applicable to common stockholders of $(7.0) million after accretion of convertible preferred stock of $1.4 million for the same period in 2016. The decrease in net loss was primarily related to the decrease in operating loss described above.

Financial Results, First Six Months of 2017 Compared to First Six Months of 2016

Revenues were $37.7 million for the six months ended June 30, 2017, comparable to $23.9 million for the same period in 2016. Revenues for our JetPay Payment Services Segment increased $13.1 million, or 81.2%, for the six months ended June 30, 2017, compared to the same period in 2016. The increase was partially related to the June 2016 acquisition of JetPay Payment Services, FL, which contributed an incremental $8.8 million of revenues in the first six months of 2017. Revenues for our JetPay HR & Payroll Segment increased $764,000, or 10.0%, for the six months ended June 30, 2017, as compared to the same period in 2016. This increase was attributable to increasing demand for our full-suite, human capital management services.

Operating loss for the six months ended June 30, 2017 was $(719,000), compared to a loss of $(7.3) million for the same period in 2016. Operating loss includes depreciation and amortization expense of $2.2 million and $1.9 million for the six months ended June 30, 2017 and 2016, respectively. The decrease in operating loss was partially related to the acquisition of JetPay Payment Services, FL, which contributed an incremental $891,000 of operating income in the first six months of 2017, as well as a $6.1 million reduction in professional fees for non-repetitive matters and legal settlement costs, partially offset by an increase in non-cash stock option costs of $208,000 and an increase in non-cash loss on disposal of fixed assets of $80,000.

Net loss for the six months ended June 30, 2017 was $(1.5) million or a net loss applicable to common stockholders of $(6.3) million after accretion of convertible preferred stock of $4.8 million, compared to a net loss of approximately $(6.6) million, or a net loss applicable to common stockholders of $(9.4) million after accretion of convertible preferred stock of $2.8 million. The decrease in net loss was primarily related to the decrease in operating loss described above.

Conference Call

JetPay will conduct a conference call on Thursday, August 17, 2017 at 9:00 AM ET (6:00 AM PT) to discuss these results and conduct a question and answer session. The participant conference call number is (855) 446-8217 (International Dial-In (509) 960-9039), conference ID: 69331276. There will also be access to a digital recording of the teleconference by calling (855) 859-2056 and entering the conference ID: 69331276. This will be available from two hours following the teleconference until Thursday, August 24, 2017.

About JetPay Corporation

JetPay Corporation, based in Center Valley, PA, is a leading provider of vertically integrated solutions for businesses including card acceptance, processing, payroll, payroll tax filing, human capital management services, and other financial transactions. JetPay provides a single vendor solution for payment services, debit and credit card processing, ACH services, and payroll and human capital management needs for businesses throughout the United States. The Company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. The Company's vertically aligned services provide customers with convenience and increased revenues by lowering payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based payments. Please visit www.jetpay.com for more information on what JetPay has to offer or call 866-4JetPay (866-453-8729).

Non-GAAP Financial Measures

This press release includes non-GAAP financial measures, EBITDA and adjusted EBITDA, as defined in Regulation G of the Securities and Exchange Act of 1934, as amended. The Company reports its financial results in compliance with GAAP, but believes that also discussing non-GAAP measures provides investors with financial measures it uses in the management of its business. The Company defines EBITDA as operating income (loss), before interest, taxes, depreciation, amortization of intangibles, and non-cash changes in the fair value of contingent consideration liability. The Company defines adjusted EBITDA as EBITDA, as defined above, plus certain non-recurring items, including certain legal and professional costs for non-repetitive matters, legal settlement costs, non-cash stock based compensation costs, and non-cash losses on the disposal of fixed assets. These measures may not be comparable to similarly titled measures reported by other companies. Management uses EBITDA and adjusted EBITDA as indicators of the Company’s operating performance and ability to fund acquisitions, capital expenditures and other investments and, in the absence of refinancing options, to repay debt obligations. Management believes EBITDA and adjusted EBITDA are helpful to investors in evaluating the Company’s operating performance because non-cash costs and other items that management believes are not indicative of its results of operations are excluded. EBITDA and adjusted EBITDA are supplemental non-GAAP measures, which have limitations when used as an analytical tool. Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Non-GAAP financial measures do not reflect a comprehensive system of accounting, may differ from GAAP measures with the same names, and may differ from non-GAAP financial measures with the same or similar names that are used by other companies. For a description of our use of EBITDA and adjusted EBITDA and a reconciliation of EBITDA and adjusted EBITDA to operating income (loss), see the section of this press release titled “EBITDA and adjusted EBITDA Reconciliation.”

EBITDA and adjusted EBITDA Reconciliation

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. JetPay’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside JetPay’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading “Risk Factors” in the Company’s Annual Report filed with the Securities and Exchange Commission (“SEC”) on Form 10-K for the fiscal year ended December 31, 2016, the Company’s Quarterly Reports on Forms 10-Q and the Company’s Current Reports on Form 8-K.

JetPay cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in JetPay’s most recent filings with the SEC. All subsequent written and oral forward-looking statements concerning JetPay or other matters and attributable to JetPay or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. JetPay cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. JetPay does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

Contacts

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JetPay Corporation

Consolidated Statements of Operations

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JetPay Corporation

Condensed Consolidated Balance Sheets

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JetPay Corporation

Consolidated Statements of Cash Flows

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