B2B payment solutions provider Bento for Business is boosting its leadership team this week. The company has appointed Paula Bachman as Chief Financial Officer and Tracy Hansen as Chief Marketing Officer.
The two will be the first to serve in these capacities, as both roles have been newly created to aid the company during its recent time of growth. Last year, the company’s year-over-year gross dollar volume increased by 3x.
“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,” said Farhan Ahmad, Bento CEO. “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.”
In her new role, Bachman (pictured right) will help Bento define new strategies, implement scalable business processes and systems, execute transactions with Bento’s investors and business partners, and lead the human resources group. Prior to Bento, Bachman worked at Networked Insights, a data analytics SaaS firm.
As CMO, Hansen (pictured right) is charged with overseeing and managing Bento’s growth. She has worked at B2B companies including Tealium, NetApp, and CA Technologies, and was most recently CMO of Renaissance Learning, an education software company.
Bento offers an all-in-one platform to help small businesses manage their spending. The company also provides a variety of payment cards to offer businesses more control and visibility over their employees’ spending.
Founded in 2014, Bento demoed its platform at FinovateSpring 2015. The company is headquartered in San Francisco and Chicago. Last month, Bento formed a deal with Visa to include the company as an additional payment card in the Bento for Business platform.