About mPayy
Company Profile
mPayy, Inc. is a multi-channel, electronic, alternative payment company headquartered in Chicago, Illinois. Founded in June 2007 by independent and institutional investors. We provide a highly secure, easy-to-use, flexible and efficient alternative payment solution.
mPayy was created specifically to meet the unique payment needs of Internet and Mobile commerce. Its features and functions address key areas of frustration and concern for buyers and sellers alike.
Buyers experience a faster, more secure checkout process with fewer screens and data requirements. Buyers also benefit from free person-to-person money transfers and cash back rewards.
Sellers eliminate fraud, reduce shopping cart abandonment, reduce processing expense by a minimum of 50%, meet PCI requirements, and provide a payment choice that allows tens of millions more shoppers to buy at their stores.
mPayy Executive Management
Conrad Sheehan, Founder, President & CEO
Prior to mPayy, Conrad was a Senior Vice President at JPMorganChase and head of its Consumer Payments business where he was responsible for the bank's retail payment products that serviced the bank's extensive corporate and public sector clients. Prior to heading the Consumer Payments business, Conrad held National Sales Management, Product Management and Strategy roles at the bank. Prior to joining JPMorganChase, he was a Partner at Accenture, a global management and technology consulting firm. He holds an MBA from the University of Chicago and a B.A. in economics from Holy Cross College.
Prior to joining mPayy, Kim was Vice President of Business Development at Chase Paymentech Solutions, a unit of JPMorganChase. Kim was responsible for growing existing relationships and generating new revenue for the organization. She has extensive experience in the payments industry and over the past eighteen years has worked in many areas of the payments arena including retail, card-not-present, international, ACH and alternative payments. Prior to a career with Chase Paymentech Solutions, Kim held positions with Paymentech, L.P., The Royal Bank of Scotland, First Data Merchant Services and Nova.
Trace has extensive experience in managing high-volume, consumer-centric transaction sites. Prior to joining mPayy, Trace was Product Manager and Manager of Marketing Systems for Orbitz Worldwide, which included the main Orbitz travel sites, eBookers.com in the United Kingdom and cheaptickets.com. Prior to Orbitz, Trace was the Director of Business Development at Zacks Investor-Reach Advertising Network. Trace consulted with the New Media Group of the Obama for America campaign, establishing online fundraising and donor segmentation strategies. Trace holds a B.A. from Northwestern University and an MBA from the University of Chicago.
Rich is an IT professional with over 12 years of design and development experience specializing in open source, dynamically driven web platforms. His extensive knowledge of all aspects of web development and programming earned him positions as team leader, manager, and senior developer for several Chicago area firms; including DoubleClick/Performics and DOSPartners. Prior to joining mPayy, Rich was the Director of Development for Zacks Investment Research where he spearheaded the development of many of their retail, e-commerce, institutional and client-facing products.
Investors & Advisors
U.S. Bancorp (NYSE: USB)
U.S. Bancorp with $228 billion in assets, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bank holds a seat on mPayy's Board of Directors and is also providing engineering, infrastructure and operational resources to mPayy.
University of Chicago GSB
Marc KnezProfessor Marc Knez currently teaches strategy courses in the GSB full-time and part-time MBA programs, and he teaches in the executive program on mergers and acquisitions. He was formally an associate professor of strategy at the University of Chicago Graduate School of Business.
Professor Knez has taught courses in Competitive Strategy, Strategic Planning, Technology Strategy, Advanced Competitive Strategy: Game Theory in Practice, Strategic Management, Strategic Human Resource Management, and Organizational Design. His executive education experience includes the Executive Program in Corporate Strategy at Chicago GSB, the International Executive MBA program at the University of Chicago, the Financial Management Program at General Electric, and the McKinsey & Co. mini-MBA program. His past customized education clients include Barclays, Northrop Grumman, MTV Networks Asia, The Tribune Company, MetLife, and Wm. Wrigley Jr. Company.
Professor Knez has published papers in numerous scholarly journals, including Harvard Business Review, Directors and Boards, The Journal of Business, The Strategic Management Journal, Games and Economic Behavior, Journal of Economic Behavior and Organization, Rationality and Society, Industrial and Corporate Change, and The Journal of Labor Economics.
Professor Knez has prior industry experience as senior vice president of Sibson Consulting and director of Lexecon Strategy Group. He has also consulted in the areas of strategy and organizational effectiveness in multiple industries, including financial services, telecommunications equipment, hospitality, consumer products, and medical products. He is currently on the board of directors of Metropolitan Capital Bank.
Professor Knez earned his PhD in decision sciences from The Wharton School at the University of Pennsylvania.