DaySmart is proud to welcome Patrick Shanahan as its chief executive officer (CEO). He steps into the role following his tenure on DaySmart’s board of directors, where he contributed his deep knowledge and experience in the payments industry.
Patrick started his payments career at CardConnect in 2008 and became the Chief Operating Officer in 2011. CardConnect quickly grew through several acquisitions while building out an industry leading payments and security platform (CoPilot and CardPointe). CardConnect took a majority investment from FTV Capital in 2010, went public on NASDAQ in July 2016 and then sold to First Data in July 2017. As COO of CardConnect, Patrick was responsible for managing business operations which included customer enrollment,support, partner solutions, strategic partner relationships, acquisition integration and product development.
At First Data, Patrick was COO/SVP of the Partner Solutions channel (Agent, ISV and ISO). He led the integration of the CardConnect, Ignite, and BluePay businesses onto a single platform focusing on the rapidly growing ISV market as well as expanding First Data’s market share in the Agent community. He also managed the operations for the ISO channel while helping position First Data as the premier ISO platform in the U.S. Patrick left First Data/Fiserv in April 2019. Since leaving FiServ Patrick has served on the Board of Directors for DaySmart, been an Advisor to the Board and consulted for several other companies in the software/payments space.
“I’m excited to join a great leadership team at DaySmart and help grow the business while continuing to improve the value we provide to our small business customers – who need solutions more than ever to help them operate more efficiently and profitably,” said Shanahan. “We see excellent growth opportunities in a number of markets and will be aggressive on the acquisition front to expand our business management solutions.”