San Mateo, CA (PRWEB) December 14, 2011
Plastic Jungle, the web’s largest secured gift card exchange, today announced that Dan Rogers has joined the company as Chief Financial Officer and Chief Risk Officer. He will be responsible for all aspects of financial management of the company, including overseeing Plastic Jungle’s industry leading trust and safety practices.
Dan brings in-depth knowledge of the payments industry and a strong background in financial management, having led both financial services and payments companies. Prior to joining Plastic Jungle, Dan was Head of Finance and Growth Initiatives at BillFloat, a leader in innovative consumer lending and bill payment processing, and prior to that served as Chief Financial Offer of Bling Nation and Vantiv, LLC (formerly Fifth Third Processing Solutions). Dan began his financial career with Wells Fargo where he spent 10 years in senior management roles, including coordinating Wells’ merchants programs.
“Dan has a unique track record of developing first-class finance teams and delivering results in fast growth environments,” said CEO of Plastic Jungle Bruce Bower. “Dan is widely recognized as being at the forefront of the emerging payments industry, and we will greatly benefit from his depth of experience in banking, processing and risk management. We are excited to welcome him to Plastic Jungle.”
Plastic Jungle brings liquidity to the secondary gift card market by allowing consumers to buy gift cards at their favorite stores for savings up to 35% and sell unredeemed gift cards for up to 92% of the gift card value.
“This is a wonderful opportunity for me to join a blue chip team that is revolutionizing the gift card and prepaid industries with Plastic Jungle’s patent-pending transaction platforms,” said Dan Rogers. “I’m looking forward to helping Plastic Jungle continue to deliver enormous value to consumers and retailers alike.”
About Plastic Jungle
Plastic Jungle (http://www.plasticjungle.com) is the web's largest secured gift card exchange, giving consumers the choice and flexibility to convert their gift cards into other forms of spending power -- including online balances to use at the millions of merchants that accept PayPal; Amazon.com Gift Cards; credit on ChargeSmart to pay utility, car or mortgage bills; virtual currencies for online games and social networks; and more -- and to stretch their shopping dollars at their favorite merchants. Plastic Jungle’s patent-pending marketplace and payment applications aim to safely unlock the estimated $30 billion in unredeemed gift cards trapped in the economy for the benefit of consumers and merchants alike. Based in San Jose, California, the company is privately held, with venture backing from Shasta Ventures, Redpoint Ventures, Jafco Ventures, First Round Capital, Bay Partners, Harrison Metal and Western Technology Investment.