What We're Up to
Keeping You Updated, One Press Release at a Time.
Avangate Announces Alex Hart As New CEO
Seasoned Software and Payments Executive to Drive Digital Commerce Growth
Alex Hart
Chief Executive Officer
Avangate
REDWOOD CITY, Calif. - December 16, 2015 - Avangate, the Digital Commerce platform trusted by thousands of Software, SaaS and Online Services companies to grow their business worldwide, announced today that their Board of Directors has appointed Alex Hart as Chief Executive Officer (CEO).
Hart has more than 25 years of experience and an extensive record of success in leading payment services and software businesses. He was the President & CEO of Official Payments, from 2010 until its sale to ACI Worldwide in 2013, and most recently assisted ACIW in both corporate development and product strategy.
Prior to Official Payments, Hart was the President of Fuelman, the private-labeled fleet card business of FleetCor. Hart was also the Executive Vice President and General Manager of Electronic Banking Services for CheckFree, the leading banking and bill payment software and services company now owned by Fiserv. Hart joined CheckFree as a result of its 2007 acquisition of Corillian, the online banking and bill payment software company that he led through an extensive transformation as President and CEO between 2002 and 2007. Prior to Corillian, Hart also held a variety of sales, marketing, and product management positions at Microsoft, CheckFree, and NationsBank, now Bank of America.
"I'm excited about the opportunity to lead the Avangate team as it looks to build upon its history of providing great digital commerce solutions to the leading software, SaaS, and online services companies in the world," said Hart. "Digital commerce is growing at an impressive rate, and Avangate is well-positioned to both benefit from and help drive its growth."
"Alex Hart's extensive software and payments market knowledge and industry experience make him an ideal candidate to lead Avangate and take the company to the next level of growth," said David Golob, Chief Investment Officer with Francisco Partners.
This appointment caps on the success of Avangate as an award-winning digital commerce provider whose accolades include being named a Cool Vendor by Gartner, winner of several CODiE and Deloitte Technology Fast 500 awards and many others.
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
2Checkout Newsletter
Whether it's news you're looking for or an expert's advice on how to sell, you've come to the right place. Find guidance in our latest eBooks, webinars, reports and conversations with industry thought leaders to further increase revenue, maximize the value of every customer, and expand global reach.
