Our story began in 2010 with a simple goal: to deliver a solution that would facilitate electronic supplier payments for businesses—and generate profit in the process.
It would need flexible, agnostic technology that adapted to client needs with dedicated support teams in place.
It would need to be both easy to use and thorough in order to lessen the workloads of Accounts Payable and Accounts Receivable departments.
It would need to deliver the same cash rebates that other payments companies were already providing, but in a way that was more generous and more transparent.
And, of course, it would need to be unfailingly secure.
Partnerships and recognition
So we rolled up our sleeves, got to work and created AP Advantage, now known as Paymerang. Like a boomerang, Paymerang is all about reciprocal actions. You pay out money, and money comes back to you. Quite a bit of money, in fact. We’re able to pay competitive rebates by working harder to enroll more of your suppliers in virtual cards. Virtual cards are not only great for rewards, they also offer the added convenience of no limits on payments and no lengthy financial statements. Even better, you’re never exposed to risk since all virtual cards are issued in our name. With Paymerang, you get a new revenue stream without paying anything out of pocket for our services. Your suppliers get faster payments. And we get to achieve our original goal of making payments pay off for businesses. It’s a win-win-win situation.
At Paymerang, we believe in the radical power of simplicity and transparency. Our powerful payments engine has taken us from a handful of local clients to processing billions in payments every year for hospitals, renowned universities, banks, public utilities, billion-dollar corporations, professional sports teams and beyond. Let us do the same for you.
Our Leadership
Nasser Chanda
Chief Executive Officer
Nasser leads Paymerang’s fast-growing organization and drives the company’s mission of making business payments simple and secure. Nasser is responsible for ensuring that our customers receive the world-class service they have come to expect, day in and day out, from our incredibly talented and dedicated employees. Nasser also oversees the strategy and direction of the company, ensuring that Paymerang continues to lead the industry in revolutionizing business payments. Nasser has more than 20 years of experience in growing startups and payment companies, including launching and growing Brink’s Global Payments to a profitable business with over $100 million in revenue and operations in five countries. Nasser began his career in investment banking at PwC and led global strategy and M&A; at The Brink’s Company.
John Heyel
Chief Financial Officer
John leads finance, accounting and investor relations at Paymerang, applying rigor and analytics to our business planning, decision making and execution. He ensures we process each client transaction accurately and efficiently to maintain order over the hundreds of thousands of payments and billions of dollars flowing through our company. John honed his leadership skills as an officer in the U.S. Navy before moving on to lead finance and analytical teams in banking and credit card operations at Capital One. John spearheaded major initiatives through a period of rapid growth at Capital One within the areas of corporate planning, retail operations, external reporting, and controllership.
Andy Savage
Chief Technology Officer
Andy leads our technology efforts including delivery, security and business continuity. Andy brings large company and startup experience to Paymerang, having worked with Capital One, Anthem, Cardlytics, Snag and Impact Makers. He has been a thought leader and entrepreneur in Application Development, IT delivery best practices, and DevSecOps. He has led high-performing teams who have created amazing products in FinTech, healthcare, pharma, paper manufacturing, power, nuclear, state government, and chemical process manufacturing for his employers and clients.
Gloria Garber
Director of Human Resources
Gloria leads human resources at Paymerang, implementing strategies and overseeing the day-to-day processes that cultivate an outstanding culture for our team members. Gloria holds an M.A. in Industrial/Organizational Psychology and brings diverse experience from previous HR leadership roles at Unboxed Technology, LanceSoft, and MOM’s Organic Market. She is skilled in leadership development and has a track record of scaling HR programs and practices in fast growing companies. Her passion lies in organizational development and designing training initiatives to help teams and individuals unlock their full potential. She is known for developing strong relationships at all levels of an organization and navigating through complex organizational challenges during times of growth and change.
Greg Marcel
Director of Operations
Greg leads operations at Paymerang, overseeing the end-to-end process that delivers a world-class ePayments experience. In addition, Greg heads up efforts in Fraud Prevention, Risk Management and Quality Assurance functions to ensure that not only do our clients, vendors, associates and investors have an insanely great experience, but that they are also protected from harm and risk. He is an energetic, results driven executive with more than 15 years of leadership experience in Financial Services and Manufacturing. Greg brings a track record of improving customer satisfaction by driving transformational changes to processes, procedures, and tools. Greg proudly served in the U.S. Navy Reserve before moving on to engineering at the Viasystems Group, operations at Capital One and third-party risk management at Spinnaker Consulting Group.
Jeff Gainer
Director of Information Security and Risk Management
Jeff leads Paymerang's information security and risk management programs to ensure a trusted payment experience for our clients and their vendors. Understanding the risks and deploying appropriate controls to fulfill the promise of a secure payment is what he lives for. Jeff has over 20 years of experience in the financial services sector with GE Capital, Genworth Financial and Impact Makers. He's spent the last 10 years focused on managing operational risks in the areas of data security, business continuity, outsourcing and fraud. Outside of his security work, Jeff is also versed in software architecture and new technology models such as DevSecOps and Public Cloud Services.
Our Board
Mirza Baig
Founding Partner, Aldrich Capital Partners
Mirza Baig is the founding Partner of ACP. As a serial entrepreneur and investor in healthcare and technology, he has been involved in scaling operations and growing sales to build large businesses that have enjoyed successful outcomes.
As a co-founder of Imaging Advantage, Legal Advantage and Tech Fetch, he built these companies from zero revenues and sub-10 employees to well over $100mm in revenues, and over five hundred employees globally.
Raheel Zia
Founding Partner, Aldrich Capital Partners
Prior to co-founding ACP, Mr. Raheel (“Raz”) Zia was a Managing Director in the Principal Investment Area of Goldman, Sachs & Co. based in San Francisco, where he helped launch the Growth Equity investing practice. Over the course of his private equity investing career, he has been responsible for over $480mm in equity investments in growing technology companies, resulting in numerous successful outcomes in the form of Initial Public Offerings, Strategic Sales and other Liquidity events.
He has worked extensively with growing, entrepreneurial businesses and helped many executives and entrepreneurs attain their growth objectives, supporting management in areas such as sales & marketing, international expansion, acquisitions, new product launches and R&D.