Cardplatforms Adds New Members to Board of Directors

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Financial Services Technology Leader Adds Key Executives to Further Strengthen Its Board

It is incredibly important to the maturation of Cardplatforms that we further strengthen our board’s breadth of experiences and competencies with individuals the caliber of Jim and Charlie.

Cardplatforms, a leading financial services technology firm, announced the election of two new directors to the company’s board. At the company’s annual meeting, Jeff Foster, Cardplatforms’ chairman, founder and CEO, welcomed the newest additions, Jim Aviles and Charlie Jadallah.

“It is incredibly important to the maturation of Cardplatforms that we further strengthen our board’s breadth of experiences and competencies with individuals at the caliber of Jim and Charlie,” said Jeff Foster. “I have worked with both of them for over a dozen years and I am confident they will make an invaluable contribution toward the continued growth of our company.”

Jim Aviles has over 28 years of experience in the electronic payments industry. He was the Founder of Merchant e-Solutions, served as COO and a Board Member for 13 years, and grew it to $55 million in EBITA in 2012, when the company was sold to Visa Brazil/Cielo for $720 million.

Prior to Merchant e-Solutions, Jim was a Senior Vice President in charge of product, marketing and technology at Bank of America’s merchant services division until 1996, when he led the merchant services team through an IPO/ spin-off (BA Merchant Services, Inc.). There he continued in his responsibilities until 1999 he left the company to found Merchant e-Solutions.

Jim now co-manages a boutique investment and consulting company, Avigo Ltd. and is an active board member and/or investor in six technology companies in the US and Brazil.

Charlie Jadallah is a partner at Darwin Ventures. Darwin invests in top-tier, US based, early-stage venture capital funds diversified across industry sectors focused on technology, information technology, and healthcare. Charlie is also an Investor/Founder, Board Member and Executive Vice President for Qualpay, which offers leading edge, cloud-based payment services for e-commerce and business-to-business companies.

Previously, Charlie was a Founder and Executive Vice President at Merchant e-Solutions running business development, global sales, and corporate development.

Before Merchant e-Solutions, Charlie worked with Oracle’s strategic business development team launching e-commerce, venture capital, and other key strategic initiatives. Prior to Oracle, Charlie was an early employee at Netscape serving as the Senior Director of Business Development for the global financial services sector. Charlie crafted Netscape’s e-commerce and payment initiatives and created/implemented sales and marketing plans for various on-line banking platforms.

Charlie began his career at Visa USA/International in various positions including POS systems development certifying start-up like Verifone, strategic planning, business and product development, as well as reporting operations and data management.

He is also an advisor to several early stage companies including: Pangea, Moveo, Zumigo, Goabra, Norse, and Identity Mind.

ABOUT CARDPLATFORMS
Cardplatforms is a South Florida-based company, founded in 2010 by payment technology, marketing, and banking executives. Cardplatforms issues Mastercard and Visa prepaid cards in the US, primarily for payroll and corporate expenditures. They also provide virtual banking to all of its cardholders, vertically integrated support solutions, employer and corporate portals and comprehensive reporting and reconciliation tools to its customers. The company maintains offices in Boca Raton, FL and Salt Lake City, UT. Learn more at http://www.cardplatforms.com.

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Sarah Menor
@Cardplatforms
since: 05/2011
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