Former Marqeta COO Eric Bachman Joins Qolo as Board Member

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Fintech and Technology Veteran to Leverage Payments and Payment Technology Expertise Furthering Qolo’s MomentumFORT LAUDERDALE, Fla., Sept. 16, 2020 /PRNewswire-PRWeb/ — Qolo, the B2B payments hub for the New Economy, today announced that Eric Bachman, former Chief Operating Officer of Marqeta has joined Qolo’s Board of Directors. Bachman is an institutional payments veteran with over 30 years in banking, payments and building new companies.Bachman currently advises Fintech and early stage technology companies. His experience in the Fintech and payments industries is broad and deep, including managing an operating budget in the hundreds of millions; working with regulators to navigate companies in different industries through complex and challenging regulatory hurdles; managing the sell side of four acquisitions the buy side of more than a dozen company or portfolio acquisitions and integrations; and, raising over $250MM in funding from private investors, VCs, and private equity across multiple start-ups.About Qolo Founded in 2018, Qolo is the B2B payments hub for the New Economy with a mission to help businesses navigate today’s complex payments and financial transactions landscape. Qolo empowers businesses to manage payments efficiently with an eye toward growth and reduced expense. Qolo supports companies wherever speed, security and cost of payment are …

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