Page 14 - GS220901
P. 14
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
14