Our commitment to sustainable and responsible business affects everything that we do. Today In Payments Around The World: Facebook Takes Dating App To Europe; WhatsApp Allows Businesses Former Wirecard Unit North Lane To Merge With daVinci Payments, Partner with restorative impact on the environment. Todd co-founded Silversmith Capital Partners, a growth equity firm managing $1.1 billion, in 2015. #ANIA #DFWANIA #ANIACONFERENCE #ANIA2019 #informatics integrated lIFE SAFETY pRODUCTS & Services, Providing Measurable Return On Your Investment, Increasing Your Consumer & Staff Satisfaction, Lone Star Communications is a dynamic, multi-awarded winning organization that was founded in 1991 by Raymond Bailey based on the core principles of. Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplinesfrom private equity to credit and related strategies, and real estatein an effort to find the most attractive opportunities for our investors and business partners. North Lane Technologies is a payments technology leader, managing customer, employee, and corporate payouts and disbursements across the Fortune 500. For more information, read our. The race is on to transform companies for success in a decarbonized world. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Our clients, partners and employees remain our steadfast priority, and we couldnt be more excited to continue serving them with our new partners at daVinci.. Pay careful attention to the following: Of course, some checks are so realistic that they fool banking professionals, and it can take weeks after a fake check is deposited for the fraud to come to light. To protect yourself please do NOT provide your card information to anyone. Deliver a modern payment experience Onbe makes it easy to provide the choice, convenience and flexibility today's consumers and workforces want. The combined company has a broader base of services and the scale to thrive in the expanding corporate funded payments segment with over $500 billion in revenue opportunity., David Josephs, CEO, daVinci, stated: This union is designed to bring greater value to all stakeholders, specifically to accelerate growth for our clients and our company. Were taking the next bold steps into a future of growth, diversity, and sustainability, and its transforming our industry. Enter your card information Card Number: The 16 digit number on the front of your card. Meet your recipients where they areanywhere in the world. Our expert engineers can help your business develop a new application from the ground up, modernize or enhance existing custom software, or take over the development of an ongoing project. Credits are handled differently depending on the dollar amount, timing of the payment, account status, and state. All rights reserved. The future of payments is digital, global and seamless, and we are prepared and focused on delivering the most relevant experiences to ensure that people are paid when, where and how they want to be paid with the benefit of greater scale., Seth Brennan, CEO, North Lane, commented: Our newly combined company is steeped in a rich history of innovation that pioneered the prepaid issuing and digital payout industries as we know them today. On the sale of Wirecard North America, Moelis & Company UK LLP acted as exclusive financial advisor and Ropes & Gray LLP acted as US legal counsel to Wirecard Acquiring & Issuing GmbH, a 100% subsidiary of Wirecard AG. Todd has spent over 15 years as a growth equity investor prior to co-founding Silversmith Capital Partners at Bain Capital and Accel Partners where he led or co-led investments in SurveyMonkey, Dealer.com, Appriss, iPay Technologies, Yapstone and Archer Technologies. Syncapay was advised by Raymond James and Goodwin Procter. Compensation made simple Your payments should be fast, reliable, and accessible. Now Blending art, science and a quarter-century of experience, daVinci delivers branded prepaid, push pay and beyond for businesses, their customers, employees, contractors, participants and channel partners around the world. Computers Service & Repair. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies to help companies achieve their operating and financial objectives. Map. Youll enjoy enhanced security and privacy for all your devices. Use the app with Advanced Home WiFi to manage network access and get parental controls like scheduling specific devices. 713-255-2901 120 Market Street Georgetown, TX 78626 512-869-4600 5402 Schertz Road San Antonio, TX 78233 210-656-6366 3709 Corina Lane Corpus Christi, TX 78413. At Silversmith, Todd focuses on investments in SaaS & Information Services, including vertical market SaaS and specialty data, financial technology and risk and compliance-based models. Our mission is to bring the human touch to technology. That means a unique opportunity for investors. Restrictions apply. But opting out of some of these cookies may affect your browsing experience. That's the case with most "checks" you receive in the mail from some entity claiming you won a prize, complete with a cashier's check to to prove it. But this new zest for ad hoc work means firms are facing steep competition when it comes to nabbing talent. . Each company will operate independently for a period of time, while leadership from both companies establish a combined operating model that strategically prioritizes customers and the growth opportunities in the market. The combination of daVinci and North Lane creates a company with an unparalleled ability to accelerate the future of digital payments, through a leading suite of fintech services and payment solutions across incentives, rewards, disbursements, compensation, and global payouts. By bridging the technologies and capabilities of daVinci and North Lane, we will be positioned to sell a broader base of services and benefit from economies of scale to accelerate the growth opportunities for our combined company.. Email Filtering and Advanced Threat Protection, Advanced Endpoint Detection and Response (EDR), Microsoft Dynamics GP and Microsoft Dynamics SL, Learn more about our history in San Antonio. We also use third-party cookies that help us analyze and understand how you use this website. Medium Beyond their qualifications, they operate on a personal level with outstanding service. Our commitment to sustainability and a brighter future is evident in all of our leading brands. Highly configurable and tooled for rapid deployment, the North Lane platform offers cutting-edge digital payouts to virtual cards, prepaid cards, deposit accounts, and mobile wallets on a global scale. The U.S. payments industry continues its rapid growth, but few opportunities exist for high-potential companies to leverage industry knowledge or shared services and tackle the market together, said Juli Spottiswood, Syncapay chairman and CEO. We provide the platform, expertise and tools to help you deliver modern payment experiences with popular choices such as digital wallets, real-time payments, and global bank transfers. Cases by Outcome. I am sure some customers just give up. Use tab to navigate through the menu items. It does not store any personal data. Prior to Ecount, Andy spent eight years in investment management. His board roles today include Accion, Behalf, Betterment, Cross River, Fundera, Flywire, Relay Network, TravelPerk, and Yoyo Wallet. From driving spend-back to winning back exiting customers, you'll unlock opportunities to optimize your program. Andy is co-founder and Managing Partner at MissionOG where he focuses on investments in financial services & payments, data platforms and software businesses. Building a company devoted to our planet and committed to the next generation means long-term, robust growth and good news for investors. Noerr LLP acted as legal advisor to the insolvency administrator of Wirecard AG, Dr. Michael Jaff, on the transaction. Stay agile and scale your disbursement operation quickly and seamlessly. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies to help companies achieve their operating and financial objectives. Fewer than that, and the check is a fake. protected veterans and individuals with disabilities. North Park Lincoln. The cookie is used to store the user consent for the cookies in the category "Other. www.syncapay.com. The cookie is used to store the user consent for the cookies in the category "Performance". We provide the platform, expertise and tools to help you deliver modern payment experiences with popular choices such as digital wallets, real-time payments, and global bank transfers. From driving spend-back to winning back exiting customers, you'll unlock opportunities to optimize your program. A check that feels light -- or slippery -- may be fake. If check is requested, North Lane delays. They remain our steadfast priority, and we couldnt be more excited to continue to serve them and further expand the boundaries of innovation with our new partners at daVinci., James Kirk, Managing Director, Centerbridge, added: This transaction brings together two payments leaders with complementary solutions and a significant opportunity to expand their collective market reach. Transaction forms premier payment technology platform under Syncapay umbrella, Syncapay receives majority equity investment from Centerbridge Partners. For more information, please visitwww.centerbridge.com. The race is on to transform companies for success in a decarbonized world. DALLAS (May 2, 2018) Syncapay, a new holding company focused on high-potential payments solutions has launched with the backing of Bain Capital Ventures, Silversmith Capital Partners, MissionOG, Nyca Partners and Juli Spottiswood as chairman and CEO. All rights reserved. ONE TEAM represents our strong commitment to working as a UNIT with our clients and staff to ensure delivery of outstanding products, services and results. When you choose High Touch as your businesss IT provider, you gain access to a world-class team of industry experts specializing in IT, data, cybersecurity, cloud computing, hardware, and network solutions. Optimize choice, convenience and profitability with payment options for everyone, including: Virtual Cards with Digital Wallet Integration, Real-time Payments and Global Bank Transfers. More companies are turning to freelancers or independent contractors to complete projects, for North Lane Technologies and daVinci Payments said they have finished their merger, making a "high-growth, premier payment company with innovative technology and solutions," according to a Thursday (Dec. 10) announcement. Houston, TX 77053. Airside Business Park, Swords, Co. Dublin, Ireland REGISTERED IN See a problem? Analytical cookies are used to understand how visitors interact with the website. Businesses, Social www.northlane.com. Syncapay will house an array of payments brands to serve multiple needs. You also have the option to opt-out of these cookies. Spectrum - 22702 US 281 North. Juli Spottiswood, Chairman and CEO, Syncapay Inc., said: The closing of the daVinci Payments and North Lane deal unites two fintech leaders to accelerate digital payment growth through an unparalleled payments platform. High Touch is a comprehensive technology partner that provides support and services for small and medium-sized businesses in any industry. He sees a huge amount of revenue, profit and market cap shifting from regulated financial institutions to entrepreneur-led insurgents across payments, lending, capital markets and insurance. Transforming Board Oversight: Sustainability is the Strategy. Learn more about our history in San Antonio. Password Update Notice Board Member, SyncapayManaging Partner, MissionOG. Internet speeds based on wired connection. A featured thought leader in news sources like Forbes, Harvard Business Review and SXSW, Rodney is also a top followed marketer on social media with over 120,000 followers. Which is why weve committed to the long-term well-being and development of our employees and communities. 2022 North Lane Technologies, Inc. All rights reserved. United States: 555 E. North Lane, Suite 5040 Conshohocken, PA . An entirely smooth check is suspicious. metric tons of CO2e reduced from our customer carbon footprint since 2019, See our progress towards the Gigaton Challenge in the 2021 ESG Report, Were reimagining our supply chain and operations to have a "Adding a benefit for restaurants and service stations adds great value, because our sales associates use these locations for business every day. Syncapay plans to acquire payments companies with innovative or emerging technology and solutions and leverage the many synergies between them to accelerate growth. The Syncapay vision is to build a powerhouse portfolio of disruptor payment solutions that can accelerate growth and success through our investments and support.. Update This Record. Terms of the transaction were not disclosed. ONE FAMILY:WE ARE FAMILY. Our people are our greatest asset. Intelligence, Connected At Silversmith, in addition to Swift Todd sits on the board of Digital Map Technologies and ActiveCampaign. 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