| How they describe themselves:
iPay Technologies is the leading independent provider of bill payment services to
the community financial institution market. Founded in 2001, iPay develops and fully supports consumer and small
business online bill pay platforms for more than 3,600 financial institutions.
What they think makes them better: iPay is revolutionizing the way small businesses
manage their back office. Busy entrepreneurs are replacing shrink-wrapped accounting software with iPay’s small
business suite, delivered in a SaaS model, behind a single login at their bank or credit union’s website. For just a
few dollars a month a small business can now:
- Create and send invoices electronically
- Track receivables
- Accept online payments at a hosted/branded website
- Transfer funds
- Deposit payroll electronically
- Pay bills
- Delegate tasks to an unlimited number of authorized users
- Have direct and immediate access to unprecedented customer support.
Executives: William Ready (President), Alix Hoffman (SVP, Sales), Jennifer Roth (SVP, Product Management), Tracey
Weinberg (SVP, Marketing), Kelly Vick (SVP, Operations), Priya Jakatdar (SVP, Technology), Steve Hooper (SVP, Payment
Strategy), Mike and Dana Bowers (Managing Partners)
Investors: Mike Kennealy (Managing Director, Spectrum Equity), Mike Krupka (Managing Director, Founding Partner,
Bain Capital Ventures)
Customers: 3,600 financial institutions nationwide. With a 51% market share of Credit Unions with bill pay and a
36% market share of the entire community financial institution market, iPay is clearly the leading bill pay provider
for community financial institutions.
Partnerships: Over 50 partnerships through which bill payment services are distributed
Contacts:
Biz Dev: Kelli Schultz, SVP Bus. Dev., kelli.schultz@ipaymybills.com, 866-851-4729 ext. 9224;
Sales: Alix
Hoffman, SVP Sales, alix.hoffman@ipaymybills.com, 1-866-851-4729 ext 9719;
Press: Tracey Weinberg, SVP Internet
Marketing, tracey.weinberg@ipaymybills.com, 1-866-851-4729 ext. 9233 |
