Opn Announces Appointment of Vaden C. Landers as President and CEO of MerchantE
April 17 2024 - 9:25AM
Business Wire
OPN Holdings (operating as “Opn”), the one-stop financial
solutions company from Southeast Asia, today announced that
payments industry veteran Vaden C. Landers has been named President
and Chief Executive Officer of MerchantE, its U.S. subsidiary.
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Vaden C. Landers, President and CEO,
MerchantE (Photo: Business Wire)
In his role, Landers will be responsible for overseeing and
accelerating growth at Alpharetta, Georgia-based MerchantE,
including bolstering the financial solutions and integrations that
it provides to businesses and speeding its expansion into new
geographic markets and verticals.
Landers will also drive the integration of Opn’s innovative
frontend merchant solutions and MerchantE’s unique direct
connectivity to all the major card brands, enabling a combined Opn
and MerchantE to provide a seamless payments experience to
businesses of all sizes across the U.S., Asia and beyond.
Landers brings with him nearly 40 years of payments experience
in both corporate and entrepreneurial settings, during which time
he spent spearheading growth and driving results at numerous public
and private payments companies. His past leadership roles include
positions at Global Payments, iPayment Holdings, PMT Services, Usio
(previously known as Payment Data Systems) and most recently as CEO
of S2 Cognition, each of which underscore his proven track record
as a leading operator in payments and software. Landers was also
notably a member of the original management team that took Global
Payments public in 2001 while serving as its President of the ISO
Business. In 2017, he successfully negotiated the sale of his own
ISO, Singular Payments, to Usio, where he later served as Chief
Revenue Officer and led the company through its entry into the
payment facilitation arena.
Over the course of his career, Landers, widely recognized as a
transformative leader in the space, has been involved in over 100
M&A transactions, has led organizations to double-digit growth
in terms of monthly new account production, top line revenues and
earnings and founded or led seven different payments startups,
three of which he has successfully exited.
“Vaden is an exceptional leader whose proven track record of
driving sustained results and growing real value is what MerchantE
needs,” said Ezra Don Harinsut, Opn’s Co-founder and Group CEO.
“Vaden possesses the type of direct hands-on experience across all
critical functions in payments, including sales, marketing, risk
management, operations, product and technology organizations, and
has the background necessary to support the Opn Group in creating a
truly global payments platform.”
Harinsut added, “During this critical time that we are
navigating, we’re confident that Vaden will be able to quickly step
into the business and chart a new strategic path that will
ultimately translate to value creation for our customers,
employees, shareholders and business partners.”
Commenting on his appointment, Landers said, “I am excited to be
joining the MerchantE and wider Opn team and for the opportunity to
return to the payments space where I had spent my entire
professional career. The more I learn about MerchantE, it is
evident that this is one of those situations where all the
foundational components are in place to build true value for our
customers, employees and key stakeholders. Having changed hands a
number of times in recent years, and having previously endured some
fairly significant headwinds, the business is poised for a reboot,
and I believe, with the talented staff and management team we have
assembled, the future is bright for MerchantE.”
About Opn
Founded in 2013, Opn specializes in one-stop online payment and
digital transformation solutions used by thousands of merchants and
businesses around the world, with bases in Japan, Southeast Asia
and the U.S. Opn is a leader in payments in the Asia-Pacific region
and a top 25 provider of payment processing in the U.S. Guided by a
vision of enabling access to the digital economy for everyone, Opn
connects people, businesses and society in innovative ways to
provide open access to a growing financial ecosystem.
Privately-held Opn’s major shareholders include Toyota Financial
Services Corporation, the financial services arm of Toyota Motor
Corporation, and SCB 10X, the venture capital arm of Siam
Commercial Bank. Visit our website for more information at
www.opn.ooo/
About MerchantE
MerchantE is a leading payments and commerce solutions provider
focused on addressing the complex needs of mid-market B2B
customers. The company is a full-stack payments platform with
front- and back-end processing capabilities and direct connectivity
to all major card brands. It is a top 25 provider of payment
processing in the U.S. For more information on MerchantE please
visit www.merchante.com/
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Media Contact
Takashi Toyokawa OPN Holdings & MerchantE +1 470 714
0061 (US) +81 70 1253 4339 (Japan) takashi@opn.ooo or
ttoyokawa@merchante.com