Presenters

Roy Banks

A successful and proven serial CEO, Executive Business Leader, Board Member, Advisor and U.S. Navy Veteran who has created billions of dollars in enterprise value, investor and shareholder returns. With 30 years of public and private company leadership and management experience in M&A, IPO, strategic planning, direct sales, channel sales, marketing, finance, product development, manufacturing and distribution of products and services.

Mr. Banks has 30 years of experience in the high-tech SaaS, software, eCommerce and payment processing industries. He has held numerous executive level management positions such as CEO, President, General Manager, VP of Business Development, Vice President of Sales and Marketing and Director of Corporate Strategy with leading high-tech companies. Mr. Banks enjoys working with venture capital firms, private equity groups, startups and growth-oriented companies.

In 2007, as President of Authorize.Net, a publicly traded company and leading provider of Internet payment processing products and services servicing hundreds of thousands of online merchants, Mr. Banks lead the sale of the company for $662M. In 2008, working with a private equity firm, Mr. Banks became the CEO of CamCommerce later renamed Accelerated Payment Technologies, a publicly traded company taken private as result of a leveraged buyout. Accelerated Payment Technologies was a leading provider of integrated payment technology to hundreds of independent software vendors. In 2012, Mr. Banks led the sale of the company to Global Payments for $413M achieving another successful exit for the company’s investors and shareholders.

In 2014, Mr. Banks once again joined up with multiple private equity firms for a joint investment and recapitalization of NMI, a leading provider of white label payments enablement gateway technology servicing ISOs, ISVs and Payment Facilitators. In 2017, Mr. Banks successfully orchestrated a strategic growth investment and sale of the company for $425M to two private equity firms positioning the company to complete a strategic acquisition of Creditcall—a provider of swipe, EMV, contactless, mobile, unattended and other card present payment processing solutions based out of Bristol, U.K. Today, NMI is a leading provider of Omni-Channel Payments Enablement Technology.

In 2017, Mr. Banks joined the executive management team at Truckstop.com serving as President of the LoadPay Business Unit where he provide his valuable and successful payment industry experience to guide, lead and grow Truckstop.com’s payments initiative into the leading payment solution for the transportation industry. In April 2019, Mr. Banks participated in assisting the company in receiving a strategic sale and investment by a private equity firm for $945M.

In 2021, Mr. Banks became CEO of Weave Communications, a leading provider of SaaS-based communication and engagement software for service-based companies. He led the successful Initial Public Offering of the company on the New York Stock Exchange (WEAV) the following year becoming the first African American Veteran from the State of Utah to take a company public.

Today, Mr. Banks is the CEO of Utah-Based Nexio, a FinTech Based, Payment Workflow Automation and Applied AI Agent Technology company focused on developing innovative cross application payment workflow solutions for SMBs that automate, redundant, repetitive, time-consuming, and inefficient tasks and operations, freeing up workers to perform higher value tasks.

Mr Banks has extensive board of directors service experience: Complete Merchant Services, Nexio, Accelerated Payment Technologies, NMI, G2 Web Services, Orange Soda, Panoptic Security, Access Data, Electronic Transaction Association, Tez Parking Technology, Truckstop.com, Oportun (OPRT). Mr. Banks is a proud veteran of the armed services having served 8 years in the United States Navy and holds a Bachelor’s of Science Degree in Business Management from Utah Valley University.

Professional Achievement Highlights:

• I had the incredible opportunity to work at and lead a small startup company called Authorize.Net, which was among a small number of payment companies that ushered in the e-commerce era.
• As CEO, I had the once in a lifetime opportunity to lead the successful Initial Public Offering of Weave Communications (WEAV) on the New York Stock Exchange as the first African American Veteran from the State of Utah on Veteran’s Day, which also happened to be my 35th Wedding Anniversary.

Personal Background:

• Live in Highland, UT
• Married to My High School Sweet Heart for 39 Years
• 6 Adult Children and 5 Grandchildren
• Born in Soest, Netherlands
• Veteran of the United States Navy

Interests/Hobbies:

• Fitness
• Hiking
• Reading History