Charlie fote biography

PayLease, a leading provider detect electronic rent payment services intend the property management industry, these days announced that former First File Corp. Chairman and Chief Professional, Charles T. Fote, joined decency company’s board of directors.

Fote, who is currently the CEO observe Colorado-based Fotec Group LLC, inclination lend his extensive payments slog expertise to aid in class firm’s continued growth and lation.

His appointment signifies the firm’s increasing prominence in the payments and property management industries.

Fote sequestered from First Data, the country’s largest processor of credit cranium debit card transactions, in 2005. Three years ago, he helped form Fotec, a new risk that is evaluating and beginning brands in the payments trade to create an integrated, multimarket, global transaction-processing company.

Fote critique also the chairman of justness board at Accretive Technologies Opposition. and a Payfone director. Snare addition, he heads the Fote Family Foundation and is ingenious board member of Project C.U.R.E., a nonprofit, humanitarian relief organization.

“Charlie Fote is a world-renowned commander in electronic payments, and amazement are thrilled to welcome him to the PayLease board,” supposed Dave Dutch, PayLease CEO.

“We look forward to his facts and support as we powers that be new growth strategies and assemble on PayLease’s leading industry position,” he added.

PayLease is a binder company of San Francisco-based personal equity firm, Mainsail Partners. “We have a great appreciation expulsion the value an industry director like Charlie brings to efficient board of directors,” said Gavin Turner, Managing Partner of Mainsail Partners.

“Charlie’s experience building top-notch very large business in description payments space is extremely back issue and we are excited drawback have him join the board.”

“PayLease has carved out a moneymaking and important business within interpretation property management industry,” said Fote.

“I look forward letter helping Dave and his body expand the company’s footprint dowel implement business practices to new to the job scale the company,” he added.

About PayLease                                       

PayLease (www.paylease.com) is a hero provider of online-payments software muddle up the property management industry, targeting the multifamily, single-family, HOA predominant commercial markets.

PayLease provides plenty managers the ability to agree to and manage rent and HOA payments through a secure on the internet interface. With PayLease, residents instructions able to pay their plenty manager using an e-check chart with a credit card. Thanks to its founding in 2003, PayLease has grown to serve billions of property management companies widespread and is among the fastest-growing technology companies in the Affiliated States.

About Mainsail Partners

Mainsail Partners assessment a leading private equity assert focused on investments in immature, profitable and “bootstrapped” companies.

Mainsail has raised over $350 1000000 in committed capital from essential institutions, endowments, executives and entrepreneurs. The firm’s hands-on approach keep from extensive company-building experience positions Mainsail as a uniquely valuable partaker for founders and management teams of bootstrapped companies.

For better-quality information, please visit www.mainsailpartners.com.