Santa Monica, CA 90401, US
Business Products & Services
Digitzs is a groundbreaking platform where merchants get paid next day AND choose the Visa/MasterCard fees they’ll pay (0%– 3%).
$1 billion in processing commitments has been secured for 2015 and we can now move monies in near real-time. We are raising a bridge round to fill out our platform and to board our first merchants.
Our team comes from PayPal, Visa and Kount and we are here to take our stake of this trillion dollar market.
Products / Services
Digitzs is a patent-pending SaaS platform (and mobile app) where merchants in the middle can choose to (i) accept cards free, (ii) cap their fees at 1% + $1, or, in the case of software developers, (iii) add their fees to our fees. With the capability to move monies in near real- time, the platform is designed as a merchant account and gateway combined, which makes Digitzs easy to use.
The Digitzs platform utilizes a completely different set of rails than every payment processor in existence. That means we can move monies faster and more efficiently than our competition.
Plenty of solutions exist where customers can swipe cards on phones or in stores. An equal number of solutions exists in which cards are entered into e-commerce shopping carts. Digitzs serves everyone else in the middle – the merchants who need to get paid for services, but don’t swipe cards or use shopping carts. Merchants in the middle process $1 trillion each year in the US.
Chief Executive Officer
Laura was the founder of OTC, which pioneered card payments in McDonald’s and other QSRs (Quick Serve Restaurants), and paved the way for First Data’s $220 million acquisition of PayPoint. Laura has 20 years of experience in the payment space and holds 20 different trademarks and marketing patents.
Chief Financial Officer
David was the first CFO of PayPal and has since provided financial expertise and senior management to private equity firms (BlueRun Ventures) and banks (Silicon Valley Bank). Currently, David is CFO at Greenough Consulting Group.
Chief Operating Officer
Steven was the first COO at both Clickbank and Kount. Steve was also entrusted to manage First Data’s early fraud platforms.
Formerly SVP and Head of Acquirer and Processor Sales for Visa for 17 years, Linda was named one of the Most Influential Women in Payments by PaymentSource.com in 2013, 2014 and 2015 . She served on the ETA (Electronic Transaction Association) Board for 13 years and is the co-founder of W-Net and the Global Acquiring Conference.
Consulting Information Technology
Edward was Head of Global Product Strategy & Innovation for Visa, where he filed 38 patents. Edward was the CIO of Revolution Money (sold to American Express) and has worked at the intersection of financial services and technology with a focus on scaleable commerce platforms for the last 20 + years.
Chief Marketing Officer
Lucas was one of the first employees at Merchant E Solutions (MeS); 15 years later, he was the last to go when MeS was sold to Cielo for $670 MM. MeS had substantial proprietary technology tailored to a diverse e-commerce merchant base. At MeS, Lucas provided the strategic vision and operational architecture for all new products, managed the development lifecycle, and brought these products to market via direct sales and channel partners. Lucas will be the Chief Product Officer at Digitzs (this title was not an option so we listed Chief Marketing Officer).
Kevin is Chairman of As Seen On TV. He is an original ABC Shark Tank investor and is widely known as the inventor of the infomercial.
Managing/Manager Public Relations
Megan implements PR campaigns, writes press releases and creates content.
Consulting Counsel/Legal Officer
Joe has advised company management and top investment banks in raising over $4 billion in IPOs and follow-on offerings of equity and debt, including many foreign companies in their U.S. public offerings. He has represented private companies, venture capital firms and strategic investors in over $1 billion of venture and strategic financings, and has helped companies and private equity firms handle over $5 billion of merger, acquisition, and disposition transactions.
Consulting Financial Officer
Kai is Vice President and Senior Relationship Manager overseeing Offshore and Oilfield service clients in both the public and private markets (North and South America) at DNB.