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Avangate Announces Erich Litch as Chief Revenue Officer

Senior FinTech Executive Hired To Scale Business in 2016 and Beyond
Erich Litch as CRO
Erich Litch
Chief Revenue Officer
Avangate

REDWOOD CITY, California - March 10, 2016 - Avangate, the leading digital commerce platform trusted by thousands of software, SaaS and online services companies to grow their businesses worldwide, is pleased to appoint Erich Litch as Chief Revenue Officer. Litch will oversee the company's sales, marketing, and product management functions across the globe.

Litch brings over two decades of experience and a strong record of accomplishment at Corillian, CheckFree, Fiserv and, most recently, Viewpoint Construction Software, a Bain Capital portfolio company.

"Erich is an exceptional talent, capable of tremendous strategic insight as well as superior execution. Erich will create a new level of focus, drive, and energy at Avangate as we work to bring the best digital products and services to the world," said Avangate CEO Alex Hart. "Erich was an integral part of the Corillian success story earlier in our careers, and his growth as a leader across multiple disciplines, customer segments and geographies in the years since has made him the ideal person to lead our revenue-generating activities worldwide."

"This is a great time to join Avangate," commented Litch. "The market opportunity in digital commerce is massive, and Avangate is strongly positioned to become an even bigger player in the space. I look forward to working with the team to build and deliver industry-leading products and services to an increasingly sophisticated segment of the market."

For more information, please visit Avangate's management team page.

About 2Checkout (now Verifone)

Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.

Verifone’s 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.

Get more information at www.2checkout.com

Media Contact

Adela Dincea

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