Dan is currently CEO of Finance Exchange which is a cloud based sales and lending platform that makes the process of financing small business customers efficient and transparent though a network of trusted lenders and investors. Finance Exchange is transforming the $900 Billion equipment financing market by leveraging innovative technology which provides manufacturers, dealers and small business owners the sales and financing tools to connect their customers with lenders thus creating the most transparent and low-cost funding options.
Most recently, Dan was Founder and CEO of OpenMarkets Inc. Prior Dan was CEO and Founder of PayNet Inc. which is a highly successful data analytics company which has transformed the equipment leasing and banking industry through better data and decisioning. Paynet was acquired by Equifax in April 2019.
Dan solved a key problem within the industry by creating the first Exchange where lenders can share payment history information electronically in a safe environment. PayNet converts this raw data into real-time market intelligence and predictive information that subscribing lenders use to make informed lending decisions. Today, this proprietary data warehouse contains over 23 million financial contracts and over $1.4 trillion in obligations. Paynet is considered the leading provider of credit ratings on small businesses, enabling lenders to achieve optimal risk management, growth and operational efficiencies.
Earlier in his career, Dan was CEO and Founder of Connor Capital Corporation which specialized in setting up captive finance divisions for equipment manufacturers and distributors. Connor Capital grew at a phenomenal pace and was ultimately sold to a publicly traded finance company where Dan stayed on board through the acquisition.
Prior to starting multiple companies, Dan spent time with both Citicorp and American Express in new divisions launching products such as American Express MoneyGram and Citicorp Express Money Services. Dan was runner-up for the Ernst & Young Entrepreneur of the Year award in 1999 and holds an MBA from Northwestern University’s Kellogg School and a BBA in Marketing from Texas Christian University.