Bento for Business (Bento), a provider of B2B payments solutions, announced on Thursday two new leadership team hires. Joining Bento are Paula Bachman as Chief Financial Officer and Tracy Hansen as Chief Marketing Officer.
Bento reported it created these new executive roles amid an exponential growth period for the company, which recently marked its five-year anniversary. In 2018, Bento saw a record three-time increase year-over-year in gross dollar volume on its financial operating platform. To date, the company has raised $18.5 million in growth financing rounds from leading investors.
Speaking about the hires, Farhan Ahmad, CEO of Bento for Business, stated:
“Paula and Tracy are experienced leaders and critical hires for Bento during this pivotal time in our growth trajectory. They each bring the knowledge and insights needed to progress Bento’s evolution. With the right team in place, we are now focused on making further innovations to our financial operating platform to deliver a full-stack payment solution with flexible funding options, built-in compliance, APIs, third-party integrations and more to meet the evolving needs of modern businesses.”
Bachman will be responsible for helping Bento define value-generating strategies, implement scalable business processes and systems, and execute pivotal transactions with Bento’s investors and business partners. Meanwhile, Hansen will lead the Bento growth engine. She brings a background in driving rapid growth for B2B businesses including Tealium, NetApp and CA Technologies. Hansen added:
“The people at Bento are united in our passion to help today’s SMBs fully transition to digital payments using our powerful and accessible platform. I’m excited to help this exceptional team unlock the winning formula of customer experience, product innovation and ecosystem partnerships.”