Kurt Bilafer, Amazon Pay’s former General Manager for the Americas, has joined Walnut Creek, CA-based venture capital backed company Yapstone as EVP, Chief Revenue Officer.
Bilafer will drive all sales and marketing initiatives for the online marketplace payments leader.
Prior to his role at Amazon Pay, Bilafer was the Chief Revenue Officer for WePay, which was acquired by J.P. Morgan Chase in 2017.
Led by Tom Villante, Co-Founder and CEO, Yapstone delivers end-to-end payment solutions to marketplace platforms, including auto-onboarding, proprietary risk management services, a broad range of payment methods, global pay-outs to merchants, split payments functionality, security, compliance and integrated customer support.
The company’s global payment platform is suited for marketplaces with complicated payment flows and business rules.
Yapstone raised $71m in funding in February 2018 and announced its Transact™ Platform, which will accelerate expansion into global sharing economy markets at the end of the year. The company has raised over $120m in total to date from Premji Invest, Accel Partners, Meritech Capital and MasterCard. It also has offices in Santa Monica, California and Ireland.