NEW YORK--(BUSINESS WIRE)--Extend, a leading virtual card and spend management platform, today announced two new leadership appointments. Danny Morrow, Extend’s co-founder, will transition to the role of chief innovation officer after serving as CTO since the company’s inception in 2016. Jonathan Bailey will assume the role of chief technology officer. Both appointments come as Extend expands its suite of virtual card and spend management solutions to help businesses manage spending with greater control and efficiency.
As chief innovation officer, Morrow will focus on the intersection of product, design, and technology, and play an active role in the development of Extend’s offerings. After years of leading the creation of Extend’s platform and solidifying complex integrations with industry partners, Morrow is uniquely qualified to set the vision for the next era of payment innovation from Extend.
“Virtual card transactions are expected to increase by almost 400% in the next few years, as businesses seek to further embed payments technology into the systems and processes they use every day,” said Danny Morrow, chief innovation officer at Extend. “I look forward to focusing fully on enabling our customers during this evolution, so they can easily leverage the innovations we are seeing across payments while keeping the financial institutions they trust.”
After joining the Extend team in April 2023 as senior vice president of engineering, Jonathan Bailey will now assume the role of CTO. A three-time CTO, Bailey brings more than a decade of experience as a product and technology executive, previously serving as CTO at Native Instruments and at iZotope Inc.
“Danny and Jon are both focused on ensuring we continue to deliver spend management products that empower our partners and customers to do more with what’s theirs,” said Andrew Jamison, CEO and co-founder of Extend. “We are fortunate to have experienced executives of Danny’s and Jon’s caliber on our leadership team, especially at this pivotal moment in our growth.”
Extend partners with leading card networks, processors, and issuers, including American Express, City National Bank, Corpay, HSBC, Pacific Western Bank, Regions, Silicon Valley Bank, Texas Capital Bank, TSYS, Mastercard, and Visa. The company continues to push the limits of what is possible in the virtual card and spend management industry, recently announcing the first virtual corporate cards for mobile wallets through a partnership with BMO and Mastercard.
To learn more about Extend or inquire about partnership opportunities, contact the company.
ABOUT EXTEND
Extend turns your business credit card into a spend management platform, so you can achieve more with what's yours. Thousands of companies use Extend's virtual cards, insights, and controls to empower their teams, streamline payment processes, and manage billions of dollars in transactions – all while keeping the financial partners they know and trust. Extend was founded in 2017 by industry veterans of American Express, Capital One, and other Fortune 500 companies. For more information visit paywithextend.com or follow Extend on LinkedIn.
