What Happened?
Atlanta, GA-based Brightwell Payments Appointed Larry Hipp as Chief Technology Officer
About the Company
Brightwell Payments, Inc., formerly Prepaid Solutions, Inc., is a prepaid/debit card company offering prepaid card solutions. Our prepaid card product offerings include: general purpose reloadable cards, specialized payroll card programs, corporate incentive cards, reward cards, rebate cards, and gift programs. Brightwell Payments is a payments company offering comprehensive prepaid debit solutions for corporate America, self-banked and under-banked consumers. These products benefit companies by reducing costs, improving security and strengthening customer loyalty. In addition, prepaid products offer consumers convenient, cost-effective access to the financial mainstream when receiving compensation, making purchases and paying bills. Brightwell Payments also provides marketing, design, distribution, and fulfillment services in support of its products. The company is headquartered in Atlanta with offices in Chicago, Milwaukee, and Miami. In December 2009, Navigation Capital Partners (NCP), an Atlanta-based middle market private equity firm, acquired the assets and associated liabilities of Prepaid Solutions USA via newly-formed entity Prepaid Solutions, Inc. (PPS) before renaming the company Brightwell Payments in December 2011. Prepaid Solutions USA was a division of West Suburban Bank (WSB), a Chicago area-based community bank and wholly-owned subsidiary of West Suburban Bancorp, Inc. WSB`s Prepaid Solutions USA division was founded in 2001.
About the Person
Larry Hipp is Chief Technology Officer at Brightwell Payments. Previously, Larry held various senior HR leadership roles in the industry.
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