Press Release – updated: Feb 12, 2020 07:00 EST
OAKLAND, Calif., February 12, 2020 (Newswire.com) – Today, LISNR, the global leader in ultrasonic data transmission, & authentication, has announced the appointment of Dave Matter, former Chief Product Officer at Marqeta and current Executive at Point72 Ventures, a leading financial services VC, to its board of directors. Matter will be bringing his extensive experience in FinTech, specifically in product and operations, to the LISNR Board.
“David Matter is an exciting addition to our board. David was instrumental in Marqeta’s growth over the years and we see many synergies in the challenges they’ve solved in our space,” said Eric Allen CEO of LISNR. “We look forward to leveraging David’s expertise and experiences as we continue to drive innovative solutions in financial services with LISNR.”
Matter recently joined Point72 Ventures as their Head of Operations and Product. Prior to Point72 Ventures, Dave served as Chief Product Officer of Marqeta, an innovative FinTech leader in global API based card issuing, for 6 years. Under his leadership, Marqeta powered some of the most innovative companies in the world, including Affirm, Doordash and Instacart among others.
“The challenge of identity and presence verification as well as its connection to payments is becoming increasingly critical in many verticals on a global scale. LISNR and the team have developed technology that has them well-positioned to address these needs in a unique product that doesn’t introduce friction in the process. Making complexity invisible and inaudible is incredibly disruptive. I’m honored to help the LISNR team realize the full potential of their product,” said Matter.
Founded in 2012, LISNR has pioneered data over sound’s use in mobile payments and person present authentications. LISNR is one of the most secure, seamless and universal mediums for device to device identification and authentication. The need for such a solution has a growing demand in card not present but the customer’s present type of transactions. These types of transactions are dominant methods across rideshare, food delivery, mobile ordering, and buy online pickup in stores which are driving many of the recent innovations in fintech. This is an area where David Matter is intimately familiar with as he led a product at Marqeta which provides solutions to many of the leaders in the space such as Doordash or Instacart.
LISNR® powers transactions across the customer journey globally with the most advanced Ultrasonic Data Platform. Today, Visa, alongside multiple Fortune 100 companies trust LISNR to power data transmission & authentication between devices. Founded in 2012, LISNR is located in Oakland, CA and Cincinnati, OH. Major investors include Visa, Intel, Jump Capital, NTT DOCOMO Ventures, Mercury Fund, R/GA, and Synchrony Financial. To learn more about the LISNR technology visit: http://LISNR.com or email email@example.com.
Source: LISNR Inc