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July 03, 2015 8:09 AM ET

Internet Software and Services

Company Overview of Digital River Inc.

Company Overview

Digital River, Inc. provides end-to-end cloud-commerce, payments, and marketing solutions to various companies in the United States, Europe, the Asia Pacific, and South America. Its solution combines a Commerce-as-a-Service commerce technology platform, commerce business infrastructure (CBI), and a suite of services to help businesses to avoid the costs and risks of running an integrated global commerce operation in-house. The company offers various services, including design, development, and hosting of commerce stores; merchandising; order management; fraud prevention screening; processing of popular localized online payment methods; export controls and management; tax compliance and manag...

10380 Bren Road West

Minnetonka, MN 55343

United States

Founded in 1994

1,317 Employees

Phone:

952-253-1234

Key Executives for Digital River Inc.

Chief Executive Officer and Director
Age: 52
Chief Financial Officer
Chief Operating Officer and Executive Vice President
Age: 55
Senior Vice President, General Counsel and Corporate Secretary
Age: 59
Executive Vice President and General Manager of Commerce
Age: 60
Compensation as of Fiscal Year 2015.

Digital River Inc. Key Developments

Digital River Inc. Appoints Hoke Horne Chief Financial Officer

Digital River Inc. announced the appointment of Hoke Horne as the company as chief financial officer, effective June 24, 2015. In this role, Horne, who has more than 20 years of financial experience, will be responsible for the company's accounting, finance, tax, corporate development and enterprise operations activities. Horne's professional background includes extensive knowledge of finance, IT, operations, cost management and pricing. He joins Digital River from Groupon, a global ecommerce marketplace that offers subscribers discounts on activities, travel, goods and services.

Digital River Inc. Appoints Joydeep Haldar as its Senior Vice President of Global Professional Services

Digital River Inc. has appointed Joydeep Haldar as its senior vice president of global professional services. In this role, he will oversee global client implementation, custom development, solution architecture and production support.

Digital River Inc. Provides Global Online Payments Solutions for PeerTransfer

Digital River Inc. announced that it is processing online payments for peerTransfer. PeerTransfer is using the Digital River World Payments solution to facilitate student tuition payments made through credit card in 59 currencies across North America, Asia Pacific, Europe and parts of Africa. PeerTransfer’s global payments platform offers international students from more than 200 countries and territories an easy-to-use, cost-effective way to pay their tuition, room and board at 650 colleges and universities located primarily in the U.S., Canada, U.K. and Australia. Students and their families can send funds from their home country in the local currency using their payment method of choice. peerTransfer’s cloud-based infrastructure and growing payment volumes enable it to provide discounted currency conversion rates that can result in significant savings when compared to rates offered by banks in students’ home countries. An easy-to-use dashboard and 24/7 servicing allow both students and educational institutions to monitor payments and simplify reconciliations.

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