PALO ALTO, Calif.--(BUSINESS WIRE)--Bill.com, the leading company creating magically simple business payments, today announced that it has hired Colleen Lindow as vice president of payments, risk and compliance. Lindow will be responsible for Bill.com processing partner relationships, risk and compliance functions, and payment operations as the company continues its rapid expansion. Her addition to the leadership team will help Bill.com continue driving the nationwide adoption of digital business payments and A/P and A/R automation.
“Bill.com is bringing innovation to small and medium-sized companies where it matters most and is literally changing the way Main Street does business,” said Lindow. “I am thrilled to be joining the team as we take the world of business payments into the future.”
Lindow comes to Bill.com from YapStone, Inc., where she led payment operations and strategic partnerships for the online payments services company. With over 20 years of experience in e-commerce and payments, Lindow has held senior leadership positions in product, risk management, partner development and operations with PayPal, eBay, Visa, Square and Bank of New York Mellon. She is a graduate of the University of San Francisco, where she earned an MBA in international business.
Lindow joins the Bill.com leadership team following a recent $50M capital raise. In addition to expanding the team, the new funding will enable the company to continue scaling the Bill.com network, which has grown by more than 100 percent in the past 12 months to over 600,000 members.
“Bill.com is expanding on all fronts and we are thrilled to have Colleen join our team as we continue our mission to ensure that no business is left behind. Every company should have access to digital payment solutions that make paying and getting paid fast, easy and secure,” said René Lacerte, founder and CEO of Bill.com. “Today’s business owners demand solutions that make their lives easier. We are helping to ease their pain by making the transition to digital payments simple and straightforward.”
Bill.com (www.bill.com) is the leading digital business payments company creating magically simple A/P and A/R solutions. We are at the center of business payments, uniting banks and businesses on the fastest growing payments network. Bill.com helps over 600,000 network members process over $19 billion in payments per year and saves companies up to 50 percent of the time typically spent on financial back-office operations by securely automating their end-to-end processes. Three of the top ten U.S. banks and 35 percent of the top 100 accounting firms rely on Bill.com as their primary payments solution. The recipient of more than 40 awards, Bill.com was recently recognized as one of the San Francisco Business Time's Most Innovative Companies and proudly received a PC Magazine's Editor's Choice Award. For more information, please visit www.bill.com.