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IndustryUpdate



          Highline, Argyle partner to increase credit access      enhancing its customer success team. Hoblit brings more
                                                                  than 20 years of experience in software and strategy to
          To meet the needs of U.S. consumers who are normally    NMI. He most recently accelerated growth as CRO at
          shut out of affordable credit products, payments fintech   DigiCert by integrating and transforming a global sales
          Highline Technologies and employment data platform      team. NMI noted his track record of delivering for lead-
          Argyle reported they partnered to bring payroll-linked   ing private equity investors by growing channel-based
          lending and bill-pay capabilities to lenders nationwide.   SaaS businesses and unlocking value from mergers and
          With payroll-linked lending, consumer loans are auto-   acquisitions.
          matically repaid through preset distributions directly
          from the borrower’s paycheck, the companies noted.      i3 Verticals taps Pete Panagakis
          This benefits consumers by providing them access to
          lower cost credit through more reputable, non-predatory   i3 Verticals Inc. appointed Pete Panagakis as its new
          lenders; and also benefits lenders as payroll-linked lend-  chief technology officer,  replacing Rob  Bertke, who
          ing enables them to decrease missed payments by up to   moved to another leadership position within the compa-
          two-thirds and reduce default rates by more than half,   ny. In this role, Panagakis will help lead the company’s
          they added.                                             delivery  of  integrated  software  and  payment  solutions
                                                                  to its customers.
          XY Retail, Adyen help luxury
          sector go omnichannel                                   He will oversee i3 Verticals' technology teams includ-
                                                                  ing enterprise-wide software engineering, architecture,
          XY Retail, a global commerce solution that helps retail-  infrastructure, cybersecurity and technology operations.
          ers streamline omnichannel operations, partnered with   Panagakis has a deep background in strategic leader-
          Adyen, a global fintech platform for leading businesses.   ship. Most recently, he served as an executive officer
          The partnership provides luxury retailers with a single   with Imperial PFS, a financial services firm. Before that,
          cloud-based solution designed to unify all aspects of   he held similar technology roles with MarksNelson LLC
          their commerce and support their complex payment        and Epiq Systems.
          needs. XY Retail enables luxury retailers looking to
          simplify their digital retail operations by providing  a   Jan Plasberg joins Brite Payments board
          complete tech stack, centralizing global data across POS,
          ecommerce, customer, catalog, inventory and sales, the   Brite Payments welcomed Jan Plasberg, who joined
          partners stated, adding that the Adyen partnership will   the  company's  board  to  support  its  continued  product
          now give retailers a simplified payment solution, round-  launches and expansion. Brite stated the appointment
          ing out the offering and putting global marketplace     illustrates its strong belief in the benefits of forward-
          management in one centralized platform.                 thinking tech applications to meet evolving consumer
                                                                  demands in an increasingly digital landscape.
        ACQUISITION                                               Plasberg brings extensive product and engineering
                                                                  experience from senior leadership positions in Skype,
          ParkHub acquires Fuzse                                  Microsoft, Sofort, Klarna and most recently Trade
                                                                  Republic, Brite noted. His previous experience, particu-
          ParkHub, a provider of parking software and pay-        larly as CTO in Sofort and vice president engineering in
          ments solutions, acquired payments integrator Fuzse.    Klarna, affords him significant expertise in the field of
          ParkHub, founded in 2010, provides a fully integrated   European fintech that, Brite added, will be invaluable for
          software and payment processing solution to optimize    continued success.
          parking operations, facilitate payments, and deliver real-
          time business insights to customers in multiple vertical   Tremendous selects Craig Whitmer
          markets. Fuzse, launched in 2016, is the latest venture
          from former Blue Star Payment Solutions (now Stack      Payouts platform Tremendous named Craig Whitmer
          Sports) executive Lane Conner. The company supports     as vice president of sales. He will lead and expand a
          independent software vendors and developers looking     sales organization targeting survey incentives, user
          to integrate payment processing with mobile applica-    research incentives, rebates, referral promotions, and
          tions and e-commerce platforms, matching its solutions   more. Whitmer has more than 25 years' experience in
          to multiple APIs and front-end technologies.            sales, operations and product management.

        APPOINTMENTS                                              Previously he served as senior vice president of sales and
                                                                  partnerships at Presto, which develops touch, vision,
                                                                  and voice technologies serving the restaurant industry.
          Robert Hoblit signs with NMI                            From 2018 to 2021, he was vice president of merchant
                                                                  business development for Postmates, Uber’s food deliv-
          Robert Hoblit is the new chief revenue officer at NMI,   ery service.
          a commerce-enablement technology company, tasked
          with supporting NMI’s scalability and growth, as well as
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