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February 08, 2016 7:29 PM ET

Internet Software and Services

Company Overview of YapStone, Inc.

Company Overview

YapStone, Inc., a Payments-as-a-Service company, provides an electronic payments platform for electronic payments for international marketplaces to specific industries, including apartment rentals, vacation rentals, and non-profits. The company was founded in 1999 and is based in Walnut Creek, California with additional offices in Santa Monica, California; and Drogheda, Ireland.

2121 North California Boulevard

Suite 400

Walnut Creek, CA 94596

United States

Founded in 1999

Phone:

925-956-1926

Fax:

888-788-9640

Key Executives for YapStone, Inc.

Co-Founder, Chairman and Chief Executive Officer
President
Co-Founder and Co-Chairman
Chief Financial Officer and Vice President
Vice President of Service Engineering and Operations
Compensation as of Fiscal Year 2015.

YapStone, Inc. Key Developments

YapStone Names Bryan Murphy as President

YapStone announced that Bryan Murphy has been named President. Murphy joins YapStone after nearly 4 years at eBay where he was most recently VP, North American Verticals and Global IO. Prior to this, he was VP and General Manager of eBay Motors.

Yapstone Appoints Daniel Issen as Chief Technology Officer

YapStone appointed Daniel Issen as Chief Technology Officer. Issen will lead the engineering and product delivery teams as YapStone continues to rapidly expand in the online and mobile payments industry, projecting growth of 45% in 2015. In his new role, Issen is responsible for the management and recruitment of the YapStone technology team, as well as architecting the company’s technology stack to support continued rapid growth. Issen joins YapStone from Amazon Local Commerce, where he launched Amazon Local Register. Prior to Amazon, Issen was Engineering Director of Google’s Payments Platform, where he spearheaded the team that launched Google’s second generation order processing system with significant success. A 28-year veteran of technology and payments systems, Issen also held senior technology and architect roles at a number of successful companies. He led the technology organization at adBrite, managed the Application and Data architecture team at PayPal, and was one of four enterprise architects with end-to-end responsibilities across the eBay marketplace.

YapStone Secures $60 Million in Debt Financing Partnering with Comerica Bank and Bregal Sagemount

YapStone recently closed a $60 million financing package with Comerica Bank and Bregal Sagemount. The company has grown 30-40% per year over the past 15 years. This financing enables the company to accelerate its growth initiatives in its existing markets and allows company to aggressively pursue explosive growth opportunities in new verticals and new marketplaces.

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