Billingsley’s payments background will play an integral role in expanding Modo’s capabilities. “All I wanted for Christmas was for Brian to join the team, and Santa really came through for this lucky #paymentsgeek this year. He’s honestly the best Christmas present I could’ve asked for,” said Modo CEO Bruce Parker.
Parker and Billingsley have worked together before. In October the two companies teamed up to integrate Modo’s Checkout Event payment service to help Klarna accelerate implementation of its checkout solution for merchants.
Billingsley said he was “blown away” by Modo’s tech when Klarna implemented it. “Modo has incredible talent and technology, and I believe Modo will revolutionize payments over the next few years making complex payments function as we experience email today – it just works,” he added. Billingsley will officially join the Modo team next month.
Founded in 2010, Modo exchanges payment data across platforms on behalf of banks, payment networks, and providers, enabling them to store, share, and track payment event data. The company presented at FinovateFall 2016, where it showcased its Modo Digital Payments Hub. In addition to a partnership with Klarna last month, Modo also teamed up with Bank of America Merrill Lynch, Alliance Data, FIS, and Verifone to boost user engagement by creating Payout, Checkout, and Loyalty Events for online retailers.