Passport adds seasoned payments executive to board of directors
Brian Mooney brings deep payments experience to help company accelerate growth
Charlotte, N.C. (Jan. 21, 2019) — Passport today announces that it has appointed Brian V. Mooney to its board of directors. Mooney, a respected financial services and payment technology veteran, will help advise Passport through continued growth and expansion of its payments offering. Passport, the global leader in mobility technology and mobile payment transactions, processes nearly half a billion dollars per year through its payment platforms for parking, transit and tolling for its nearly 600 municipal clients.
“We are pleased to have Brian, one of the most well-known and experienced leaders in payments, as an independent director on our board,” said Bob Youakim, Passport CEO. “Passport is on a strong growth trajectory to increase our revenue and better serve our clients and Brian’s expertise will be beneficial as we continue to scale.”
Mooney most recently served as CEO of Merchant Customer Exchange, LLC. He also held executive roles at Banc of America Merchant Services, LLC and First Data, including First Data Merchant Services. He has experience leading large fintech organizations and will bring his experience in payments and leadership perspective to Passport to help the company grow and scale its operations.
“The way people make payments is becoming increasingly mobile and Passport is on the cutting edge as a leader in mobile payments,” said Mooney. “Passport is already processing a significant number of transactions and I expect to see continued growth as it leads transformation in the mobility industry.”
With the appointment of Mooney, the Passport Board of Directors has seven members, including Bob Youakim, Passport CEO, Khristian Gutierrez, Passport Chief Revenue Officer, Matt Harris of Bain Capital Ventures, Don Rainey of Grotech Ventures, Bret Maxwell of MK Capital and Cameron Newton of Relevance Capital.
About Brian Mooney
Brian V. Mooney has over 35 years of experience in financial services, with deep executive level experience in the payments industry. Most recently, Mooney served as CEO of Merchant Customer Exchange, LLC a merchant driven payment initiative. From 2009 to 2014, Mooney served as an original director and, subsequently, became CEO of Banc of America Merchant Services, LLC, a joint venture between Bank of America and First Data Corporation. From 1998 to 2009, he served First Data in several senior executive management positions of increasing responsibility, including President of First Data Merchant Services, President of TeleCheck International, Inc. and CFO of First Data Merchant Services. Mr. Mooney began his career with 13 years at the global professional services firm Ernst & Young where he focused on serving clients in a variety of industries including financial services companies.
Passport transforms the way cities manage their operations. The company’s mobile-first platform has been adopted by more than 550 cities, universities, and private operators around the world in cities including Chicago, Toronto, London, and Miami, across more than 5,000 locations. Passport’s product lines — parking, transit and tolling payments, parking enforcement, and permit management — enable organizations in the public and private sectors to streamline their operations, enhance customer service, and make data-driven decisions. Passport has been recognized as one of North America’s fastest growing companies on the Inc. 5000 list and a Best Places to Work in Charlotte, North Carolina.
Passport is backed by a group of investors, including Bain Capital Ventures, Grotech Ventures, MK Capital and Relevance Capital. Learn more, or get in touch with Passport at passportinc.com.