YapStone Names Daniel Issen as Chief Technology Officer

Amazon, Google and PayPal Tech Veteran to Help Company Reach Projected 45% Revenue Growth in 2015

WALNUT CREEK, Calif.–(BUSINESS WIRE)–YapStone, a global provider of web and mobile payment technology solutions for large vertical markets and online marketplaces, announced the addition of 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 percent in 2015.

“We are thrilled to have Daniel join as YapStone’s CTO. He brings impressive technology and payments experience from his roles at past companies, including Amazon, Google, PayPal and eBay, and he’ll be instrumental to our growth,” said Tom Villante, Chairman & CEO and Co-Founder of YapStone. “We have a great deal of momentum as the leading electronic payments provider for large vertical markets, such as apartment and vacation rentals, as well as rapidly adding to our mobile and online marketplace customers, which currently include vacation rental marketplaces, HomeAway® and VRBO®. With Daniel’s extensive experience in architecting and growing payments platforms at scale, our proprietary payment technology will continue to be our competitive advantage.”

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.

“YapStone is uniquely positioned in the payments industry, and I jumped at the opportunity to join the company,” said Issen. “Rather than focusing on common use cases in the crowded space of large payments players, YapStone has an immense opportunity to focus on complex, trillion dollar domains that are under-addressed by technology. We have a huge opportunity to revolutionize payments and I’m excited to be part of this talented team.”

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.

About YapStone

Founded in 1999, YapStone is a leading global provider of web and mobile payment technology solutions whose platform powers electronic payments for global online and mobile marketplaces, including HomeAway® and VRBO®, as well as for targeted, large vertical markets, including apartment and vacation rentals (through its RentPayment and VacationRentPayment brands, respectively), HOA communities, self-storage and non-profits. YapStone develops tailored payment solutions to address partner needs and processes over $14B in payments volume annually. YapStone continues to be recognized for its growth, ranking on the Inc. 5000 list of Fastest-Growing Private Companies for seven consecutive years, and honored in 2013 and 2015 on Forbes’ List of America’s Most Promising Companies. YapStone has raised over $110 million in capital from investors including Accel Partners, Meritech Capital and Bregal Sagemount. YapStone is headquartered in both Walnut Creek and Santa Monica, California with its international operations center in Drogheda, Ireland. To learn more, visit www.yapstone.com.