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CompanyProfle
ISO/MLS contact:
Troy Scarlott
Senior Vice President, Marketing
866-289-5977
tscarlott@yapstone.com
www.yapstone.com
Platform reaches volume through this partnership has accelerated at an
annual growth rate of 130 percent year-over-year.
lucrative vertical "We see significant opportunities to connect buyers and
sellers, landlords and renters, and hosts and travelers with
markets our payment platform," said Golis, who serves as YapStone
Chief Executive Officer. "We are excited to contribute
to our partners’ success by combining our payment
expertise and industry acumen with their business goals.
n business since 1999, YapStone Inc. has endeav- By adding value throughout the transaction process, we
ored to establish itself as a payments leader in go way beyond just taking a payment."
specific vertical markets, namely multifamily hous-
I ing, vacation rentals, homeowners associations, Today YapStone's payment platform encompasses such
storage facilities and nonprofit organizations. Through other verticals as StorageRentPayment for storage unit
its customizable payments platform, businesses that typi- businesses, DuesPayment to accommodate homeowners'
cally rely on paper check payments can add credit and association assessments, InnPayment for bed and
debit card, automated clearing house and cash payments, breakfast properties, and ParishPay for automating
whether doing business online, by phone or in person. donation payments in faith-based and nonprofit
organizations.
"The industries that YapStone serves are dominated
by the paper check," said Tom Villante, co-founder and And vertical expansion continues. In 2013, YapStone's
Chairman of YapStone. "Our objective is to disrupt payment solution for faith-based donations, ParishPay,
these industries by offering a robust payment platform established a strategic partnership with Cathedral Corp.,
combined with deep vertical expertise that makes life a provider of Catholic stewardship envelope and offertory
easier for everyone involved." enhancement. Through this partnership, electronic
payments are now available as an option to more than
For Villante and his YapStone co-founder, Matt Golis, 6,000 Catholic churches in the United States.
the original vision was to develop a payment processing
product that would serve the multifamily housing Poised for growth
industry. When they introduced RentPayment, their first
vertical-focused payment solution, it was considered In the past year, YapStone also added several executives
revolutionary. to its senior management team, bringing in talent from
PayPal Inc., Square Inc., Visa Inc., and Yahoo! Inc. Among
That's because, for the first time, property management them, mobile payment veteran Tim Armandpour,
companies were able to accept credit card and electronic formerly with PayPal, Zong and SendMe, became Senior
check payments for rent, deposits and apartment Vice President of Engineering and Technology. And
expenses, which made it significantly easier to close PayPal veterans Mary Hentges and Kelly Kay signed
leases and collect rent on time, YapStone noted. Over the on as Chief Financial Officer and Senior Vice President,
years, the company has invested in the sustained growth General Counsel, respectively.
of RentPayment through the acquisition of such entities
as eRentPayer and PropertyBridge. Today YapStone prides itself on delivering deep vertical
market payment experience to thousands of partners. In
Vertical expansionism 2013, the company reported that it processed millions
of electronic payments totaling billions of dollars in
Building upon its experience in the multifamily transaction volume and that revenue grew 35 percent
industry, YapStone has extended its platform to other year-over-year, adding to its long record of continued
vertical markets, including the vacation rental property profitability – now at 28 consecutive quarters.
industry. In 2005, it launched VacationRentPayment;
later it introduced HolidayRentPayment in Europe, with As YapStone continues to focus on the growth of existing
coverage in 14 countries and growing. verticals and expansion into new markets it believes will
benefit from its sophisticated technology, the company
In 2010, YapStone partnered with HomeAway, one of the welcomes entrepreneurial agents willing to forge new
world's largest online vacation rental marketplaces and paths. YapStone has offices in San Francisco; Santa
owner of Vacation Rentals By Owner (VRBO). According Monica, Calif.; and Drogheda, Ireland.
to YapStone, four years into the partnership, payment
54
ISO/MLS contact:
Troy Scarlott
Senior Vice President, Marketing
866-289-5977
tscarlott@yapstone.com
www.yapstone.com
Platform reaches volume through this partnership has accelerated at an
annual growth rate of 130 percent year-over-year.
lucrative vertical "We see significant opportunities to connect buyers and
sellers, landlords and renters, and hosts and travelers with
markets our payment platform," said Golis, who serves as YapStone
Chief Executive Officer. "We are excited to contribute
to our partners’ success by combining our payment
expertise and industry acumen with their business goals.
n business since 1999, YapStone Inc. has endeav- By adding value throughout the transaction process, we
ored to establish itself as a payments leader in go way beyond just taking a payment."
specific vertical markets, namely multifamily hous-
I ing, vacation rentals, homeowners associations, Today YapStone's payment platform encompasses such
storage facilities and nonprofit organizations. Through other verticals as StorageRentPayment for storage unit
its customizable payments platform, businesses that typi- businesses, DuesPayment to accommodate homeowners'
cally rely on paper check payments can add credit and association assessments, InnPayment for bed and
debit card, automated clearing house and cash payments, breakfast properties, and ParishPay for automating
whether doing business online, by phone or in person. donation payments in faith-based and nonprofit
organizations.
"The industries that YapStone serves are dominated
by the paper check," said Tom Villante, co-founder and And vertical expansion continues. In 2013, YapStone's
Chairman of YapStone. "Our objective is to disrupt payment solution for faith-based donations, ParishPay,
these industries by offering a robust payment platform established a strategic partnership with Cathedral Corp.,
combined with deep vertical expertise that makes life a provider of Catholic stewardship envelope and offertory
easier for everyone involved." enhancement. Through this partnership, electronic
payments are now available as an option to more than
For Villante and his YapStone co-founder, Matt Golis, 6,000 Catholic churches in the United States.
the original vision was to develop a payment processing
product that would serve the multifamily housing Poised for growth
industry. When they introduced RentPayment, their first
vertical-focused payment solution, it was considered In the past year, YapStone also added several executives
revolutionary. to its senior management team, bringing in talent from
PayPal Inc., Square Inc., Visa Inc., and Yahoo! Inc. Among
That's because, for the first time, property management them, mobile payment veteran Tim Armandpour,
companies were able to accept credit card and electronic formerly with PayPal, Zong and SendMe, became Senior
check payments for rent, deposits and apartment Vice President of Engineering and Technology. And
expenses, which made it significantly easier to close PayPal veterans Mary Hentges and Kelly Kay signed
leases and collect rent on time, YapStone noted. Over the on as Chief Financial Officer and Senior Vice President,
years, the company has invested in the sustained growth General Counsel, respectively.
of RentPayment through the acquisition of such entities
as eRentPayer and PropertyBridge. Today YapStone prides itself on delivering deep vertical
market payment experience to thousands of partners. In
Vertical expansionism 2013, the company reported that it processed millions
of electronic payments totaling billions of dollars in
Building upon its experience in the multifamily transaction volume and that revenue grew 35 percent
industry, YapStone has extended its platform to other year-over-year, adding to its long record of continued
vertical markets, including the vacation rental property profitability – now at 28 consecutive quarters.
industry. In 2005, it launched VacationRentPayment;
later it introduced HolidayRentPayment in Europe, with As YapStone continues to focus on the growth of existing
coverage in 14 countries and growing. verticals and expansion into new markets it believes will
benefit from its sophisticated technology, the company
In 2010, YapStone partnered with HomeAway, one of the welcomes entrepreneurial agents willing to forge new
world's largest online vacation rental marketplaces and paths. YapStone has offices in San Francisco; Santa
owner of Vacation Rentals By Owner (VRBO). According Monica, Calif.; and Drogheda, Ireland.
to YapStone, four years into the partnership, payment
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