IT'S about time we reboot commercial finance



For the past century, business payments have struggled to keep up with digitization. Every other part of the enterprise has gone digital, yet commercial finance has been left behind in an analog world plagued by costly fees, inefficient systems, and paper-driven processes. It’s time for a more seamless, simple, and intuitive way to manage transactions.

We created Paystand to eliminate fees, digitize the cash cycle, and create a self-driving money experience for businesses.

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We asked ourselves one simple question:

what would business payments look like if we built them from scratch today?

#NoPaper


How can you empower revenue and build an innovative business if paper-driven processes are limiting your potential?

#NoFees


You shouldn’t be penalized every time you make a sale. It’s time to replace transaction fees with one flat monthly rate.

#OpenIndustry


Removing gatekeepers will advance our industry and lead to lower costs, better security, and nearly instant transactions.

financial-system

Our story: We believe in a better financial system



In 2013, Paystand dove headfirst into the uncharted waters of reinventing commercial finance.

Inspired by pioneers taking sales and marketing into the cloud to become faster and more efficient, it was easy to imagine a better financial system where making a transaction was as simple, fast, and intuitive as calling an Uber or Lyft. One where artificial intelligence could analyze an entire business and recommend customized improvements for each customer, based on their payments history.

Unfortunately, most payments solutions drain time and revenue. They charge outrageous fees, are hampered down by hidden costs and gatekeepers, and distract you from the important tasks that scale revenue.

So we’re building a solution that changes that. The Paystand network anchors on four key benefits that drive ROI for your business:

1. Faster time-to-cash so you never have to chase down payments.

2. Automate tedious, repetitive tasks to increase speed and efficiency.

3. Eliminate transaction fees to enable up to 50% cost savings.

4. Seamless and intuitive interactions for better customer experiences.

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Our Leadership Team


The Paystand executive team comprises visionaries and FinTech veterans with a passion for building disruptive technology. Our team has decades of experience bringing new technologies to market, driving growth from early stage ventures to public market IPOs, and engineering some of the most advanced financial technology in business and commercial uses cases today.

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Jeremy Almond
Co-Founder and CEO

Jeremy is a technology visionary and industry veteran with decades of experience leading growth and engineering teams at Digital Instruments and Veeco. He has spent the last 15 years as a serial entrepreneur, startup advisor, and occasional investor. 

Mark Hassin

Mark Hassin
COO

Mark is an accomplished entrepreneur and business leader with over 15 years of experience in the financial technology industry. He's been pivotal in driving significant growth at fintech companies such as Tipalti, EquityBee, and BlueSnap. Mark has been instrumental in driving Paystand's growth as the company’s first CRO.

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Scott Bennion
CFO

Scott is a fintech and SaaS veteran with a distinguished career helping hyper-growth companies achieve scale, having led both Sage Intacct and Recurly through significant growth and acquisition. Scott brings a deep knowledge of fintech and ERPs, along with a track record of leading disruptive finance organizations.

Alexandra Navarro

Alexandra Navarro
Chief of Staff

Alexandra is key in orchestrating strategic projects and upholding our core values at Paystand. Drawing on 20+ years of experience from nonprofits to corporates, Alexandra, with her experience at nonprofit Latinas in Tech and Digital Nest, infuses our vision with her invaluable expertise.​​

Sergio

Sergio Almaguer
Chief Product Officer

As the founder and former CEO of Yaydoo, Sergio brings a robust entrepreneurial background to Paystand. With 15+ years in tech across LATAM, US, and Europe, he's led teams at startups, Microsoft, and GE Energy.

Ale Pinto

Ale Pinto
SVP of People

Ale's strategic people-centric plans help lay the foundation for Paystand. Her adaptability and drive helped lead to a nomination as one of the most influential LATAM HR leaders in 2022. Ale's previous experience includes leadership roles at Wizeline, Terminal IO, and Bankaya.

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Mike Parks
SVP of Operations

Mike is the SVP of Operations and assesses the risk and health of the Paystand Network and its customers. Before Paystand, he served as CIO of Virgin Mobile, building next generation telco operations, and as EVP for Wells Fargo's Credit and Bank Integration team.

Scott Campbell

Scott Campbell
Co-Founder and Head of Solutions

Scott heads the Solutions and Services organization at Paystand. He has over 25 years of technology experience. Previously, he served as a product leader and engineer at Google, refining their Local Search product and at Morgan Stanley, helping to simplify financial products.

Tammo Stubbe

Tammo Stubbe
VP of Demand Generation

With over 20 years of experience in the technology and finance sectors, Tammo specializes in cloud-based accounting and payment solutions. He's served in senior marketing leadership positions at notable tech companies such as Sage Intacct, WebEx, and Automation Anywhere. Tammo currently oversees the customer acquisition marketing efforts at Paystand.

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Brandon Rodriguez
VP of Corp. Marketing & Brand

Brandon leads Paystand’s product marketing and brand strategy for SaaS and Blockchain technology solutions. Before Paystand, he helped rebrand Reach Blockchain, growing it into the 3rd largest active developer and startup community in blockchain. Brandon has held key leadership positions at Wayfair, Samsung, Intel and Visa.

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Max Robbins
VP of Partner Ecosystems

Max is an expert in creating innovative solutions for complex business challenges. At both Paystand and Oracle, Max has shown a consistent ability to maintain relationships with various partners, enhancing our reach and enriching our ecosystem.

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Sam Smith
VP of Customer Experience

Sam leads the Customer Success organization and is a veteran of both the Marketing and Creative industries, having led large-scale Success teams in Silicon Valley. He was previously the VP of Customer Success at Distribute, BrightTalk, and Verifone.

Our Board and Advisors

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Jonathan Ebinger
Board Member

General Partner, Blue Run Ventures

Jonathan Ebinger is a General Partner at BlueRun Ventures where he focuses on mobile, enterprise software and FinTech. Jonathan was the first institutional investor in PayPal and has invested in numerous fintech unicorns including Coupa and Kabbage. Prior to BlueRun, Jonathan was a marketing executive at Qwest Communications, Bell Atlantic and MCI Communications. He has also started e-commerce businesses as an entrepreneur.

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Neeraj Gupta
Board Member

Co-Founder and Managing Partner, Cervin Ventures

Neeraj Gupta is a Co-Founder and Managing Partner at Cervin Ventures, where he has led investments in Nexient, SnapLogic, and Punchh. Most recently, Neeraj was a member of the executive team at Patni, after its acquisition of Cymbal Corporation that he founded. Previously, he held numerous engineering and product management positions at Octel and Genesys. He is a Kauffman fellow.

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Roman Leal
Board Member

Managing Partner, Leap Global Partners

Roman Leal is a Managing Partner at Leap Global Partners, focused on cross-border opportunities. He is a serial entrepreneur and FinTech veteran, having served in a a variety of roles at PayPal and Goldman Sachs. At PayPal, he co-led next-gen financial services, digital currencies and P2P strategies. At Goldman, he was a founding member of the Emerging Technology Research and Payment Processing Around the World platforms

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Jazmin Medina
Board Member

Principal, NewView Capital

Jazmin is a Principal at NewView Capital focusing on Fintech. Prior to joining NewView Capital, Jazmin was co-founder and Chief Operating Officer of Bundler TV, a media-tech startup in Los Angeles. Previously, Jazmin advised C-level executives on product and go-to-market strategy at Warner Bros and Jaunt. She began her career at Goldman Sachs in New York, where she worked as an investment banker and for the Chief of Staff to the CEO. Jazmin holds an MBA from Harvard Business School.

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Pete Kight
Advisor

Pete Kight is considered a pioneer in financial services technology, specifically in electronic
funds transfer, online banking, and electronic billing and payment. Today he is focused on driving industry innovation, leading strategic development, and working with companies in the FinTech space. Kight was the Founder, Chairman, and Chief Executive Officer of CheckFree until it was acquired by Fiserv in December 2007 ($4.4 Billion).

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Scott Thompson
Advisor

Scott Thompson is currently the CEO of Tuition.io. He is the former President of PayPal and CEO of Yahoo, and is a renowned technologist best known for growing PayPal’s user base from 50 million to 104 million active users in 190 countries. Thompson also served as an executive vice president of technology solutions at Visa's Inovant subsidiary and worked as chief information officer of Barclays Global Investors.

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Mark Orttung
Advisor

Mark Orttung is the CEO of Nexient and former President and COO of Bill.com, a SaaS offering allowing companies to automate their payables and receivables. Under Mark’s leadership, the company grew revenue by almost 350% in his last two years. Mark was named one of the Top 50 Tech Services CEO’s in 2019. Mark is also an inventor or co-inventor on more than 30 US patents.

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Sameer Govil
Advisor

Sameer Govil is currently a Senior Advisor, Mckinsey and serves on Board of Revolut, US in addition to advisory roles with several Fintechs and Venture funds. As SVP at Visa, he helped establish a roadmap for integrated commerce products, accelerating adoption of electronic payments globally. He also served on the Board of the Electronic Transaction Association, a governing body for US payment acquirers.

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Salil Pitroda
Advisor

Salil Pitroda is senior advisor at Francisco Partners. Salil was a founder, product and business executive and board member at C-SAM, a pioneering mobile payments software company that was successfully acquired by Mastercard (Masterpass). He was also a leader on the corporate and business development team at Facebook, where he worked across product roadmap priorities.

Our Investors


Paystand is venture-backed by leading investors in Silicon Valley and has been recognized as one of the disruptive forces in business payments by publications such as TechCrunch, Wall Street Journal, Mashable, Forbes, and many others.

NewView Capital Softbank Opportunity Fund King River Industrious Ventures

 

DNX Ventures Battery Ventures Epic Ventures Wildcat Venture Partners
Commerce Ventures Blue-Run-Ventures Cervin-Ventures Leap Global Partners
Transform Capital