Web and mobile payments firm YapStone, which processes over $8 billion in transactions annually, announced on Monday the appointment of Kelly Kay as the president and COO of the company, where she will be responsible for overseeing operations.
Kay, who was previously general counsel and the head of risk at YapStone, was recently named San Francisco Business Times’ “Most Influential Women in Bay Area Business,” an award that recognizes female leaders for their influence in their industry and community.
“This new role is an incredible opportunity to contribute to the leadership of one of the fastest growing companies in the tech and payments space today, and I’m looking forward to working with the YapStone team in our next phase of growth,” Kay said. “I’m also incredibly honored to have been named one of this year’s Most Influential Women in Business by the SF Business Times alongside so many other accomplished women in our Bay Area community.”
Kay began her career in the payments industry with Banc One Corp.—now JPMorgan Chase—before joining eBay as international senior legal counsel. She served as counsel at PayPal, an eBay company, for nine years before joining MasterCard in 2010.
In 2011, she joined the Wikimedia Foundation as deputy general counsel before joining YapStone in 2012 as general counsel and the senior vice president of risk.
“For the past 16 months, Kelly has played an instrumental role in the operations and growth of YapStone,” Tom Villante, the chairman and co-founder of YapStone, said. “In addition to her responsibilities as General Counsel, she has excelled in leading several key initiatives for the company. As one of the largest online payment companies in the world, we are experiencing rapid growth and scaling operations for our future. Kelly’s leadership, payment expertise and universal respect within our company makes her the perfect fit for this newly created role.”