Simplifya Announces the Appointment of Mercury Payment Systems Inc. and MassPay Incorporated Cofounder Jeffrey B. Katz to Its Board of Directors

CANNANNEW REPORT

Katz Brings 20 Years of POS, Fintech, Technology, Investment and Leadership Expertise to the Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution   (DENVER) August 19, 2021 – Simplifya (“Simplifya” or “the Company”), the leading regulatory and operational compliance software platform serving the cannabis industry, announced the appointment of Jeffrey (“Jeff”) B. Katz to its Board of Directors, effective immediately. The two-decade point-of-sales (“POS”), fintech and technology pioneer is the Cofounder of Mercury Payment Systems Inc. (“MPS”), which was sold for $1.6 billion to Vantiv, Inc., and then, acquired by Worldpay Inc., a subsidiary of Fidelity National Information Services, and MassPay Incorporated, a fintech company that provides the largest number of payout options. Katz, who is an investor in Simplifya, will advise the Company on the expansion of its operational footprint, as well as the launch of its newest product offering, TENDR™, a payment processing solution that utilizes the Automated Clearing House in collaboration with an Originating Depository Financial Institution (“ODFI”) in order to ensure a compliant, lasting, payment solution for participating cannabis-related businesses (“CRBs”). “As a fintech industry pioneer, Katz fundamentally changed the way the POS sector generated revenue by aligning with POS developers and resellers to deliver payment processing to restaurateurs and retailers,” said Simplifya CEO and Co-Founder Marion Mariathasan. “As we expand into new cannabis markets and prepare to launch our latest product offering, TENDR™, Jeff’s decades of expertise in compliant cyber-safe POS and fintech will be an invaluable asset to our Company. We’re thrilled to welcome him to Simplifya’s Board of Directors, and look forward to working closely with him as we continue to deliver a comprehensive suite of regulatory and operational compliance solutions to cannabis businesses, regulatory bodies and the…

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Source : Simplifya Announces the Appointment of Mercury Payment Systems Inc. and MassPay Incorporated Cofounder Jeffrey B. Katz to Its Board of Directors

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