A perfect combination of proven experience and forward-thinking product development.

Payrailz™ offers smart and engaging payment experiences for the financial services industry. Our company was built around the central mission of making the payments experience smarter and more engaging.

We enable financial institutions to better meet the expectations of their users by offering an innovative payment solution with a "Do It For Me™” approach that keeps users well informed and in control. Our personalized, responsive service ensures we provide support when you need assistance.

Payrailz helps financial institutions exceed expectations by offering solutions users expect today while constantly innovating to meet the needs of the future.


Fran Duggan

As Chief Executive Officer of Payrailz, Fran is responsible for oversight of all aspects of our company. He is an experienced payments entrepreneur and visionary with a successful track record of turning vision into reality by creating payments and banking platforms and solutions for the financial services marketplace. He is best known for his ability to not only create progressive and innovative strategies, but also to execute and deliver on those strategies while creating meaningful partnerships with financial institution clients and providers.

Paul Franko

As Chief Operations Officer of Payrailz, Paul oversees all operations related to strategy, technology, implementations, security, compliance and product development for Payrailz. He is an experienced payments leader and technologist with success in constructing, deploying, operating, and managing financial services platforms in SaaS/cloud, service bureau, and on-premises environments. His passion is adapting relevant, modern technology and creating a payment experience that provides the mobility, convenience, speed and affordability customers demand.

Rich Pelikan

As Chief Business Development Officer of Payrailz, Rich oversees direct sales and business development efforts for Payrailz. A highly experienced business development and sales professional with successful experience in startups and traditional large FinTech companies, he has a proven track record for delivering and growing revenue by creating meaningful relationships with financial institution clients and industry providers.

Horng Tern

As Chief Technology Officer of Payrailz, Horng oversees all technology related to software development, IT management and product development. A highly experienced technologist working with both startups and established organization, he has a proven reputation for leading high-performance IT teams and for his individual development contributions. He is known for leading by example, staying abreast of the latest technology trends and implementing and completing technically complex projects.

Jim Kern
VP, Chief Sales Officer

As VP, Chief Sales Officer for Payrailz, Jim manages all of Payrailz’ sales efforts, working closely with Payrailz founder’s CEO Fran Duggan and chief business development officer Rich Pelikan. He is responsible for developing and executing the overall strategic sales plan, as well as managing the company’s direct and channel sales teams. Working in tandem with the marketing, client experience, and product teams, he is also charged with ensuring that we are helping our clients to deliver best in class payment experiences.

David French
VP, Finance

As VP of Finance for Payrailz, David is responsible for leading all financial, forecasting and financial reporting activities as well as efforts that generate meaningful insights to drive the company’s decision-making processes.

Mickey Goldwasser
VP, Marketing

As VP of Marketing for Payrailz, Mickey leads all marketing, product marketing, public relations, channel go-to-market and communication strategies and efforts for Payrailz. A passionate, accomplished, results-driven marketing, product and business development professional, he is a FinTech industry veteran with a career focus on helping community and regional banks and credit unions better compete against the megabanks and money centers.

Ruthann Paulin
VP, Client Experience

As VP of Client Experience for Payrailz, Ruthann is responsible for making sure clients are successful with their Payrailz payment solutions and wowed by their interactions with the company. She strives to make sure clients have the best possible experience throughout their entire journey with Payrailz by providing the resources and relationships necessary to deliver positive and memorable interactions with all levels of business.

Orlando Santos
VP, Product Strategy and Innovation

As VP of Product Strategy and Innovation for Payrailz, Orlando leads product management and product development efforts for Payrailz. He has more than 30 years of banking experience, ranging from bank/commercial operations to cash management and delivery of enterprise processing and technology-based solutions. He has extensive experience in digital banking and payments product development and marketing, process engineering and client implementation management.

Ted Chaney
VP, Strategic Partnerships & Channels

As VP of Strategic Partnerships & Channels for Payrailz, Ted is responsible for leading the Payrailz partnership distribution channel and further advancing the company’s strategic alliance and partnership strategy.

Frank Chan
Security & Compliance Officer

As Security & Compliance Officer for Payrailz, Frank is responsible for executing a risk-based compliance strategy and overseeing all security, risk, and audit activities. He is a highly accomplished information security, risk and compliance professional with over 10 years of demonstrated experience in managing complex information security, risk and governance programs.

Board of Directors

James S. (Chip) Mahan III
CEO and Chairman, Live Oak Bank

Mr. Mahan is the Founder of Live Oak Bank as well as a founding member of nCino.

Neil Underwood
President, Canapi (Live Oak Ventures)

Mr. Underwood is a co-founder of nCino and the former President of Live Oak Bank.

James D. “Jay” Dreibelbis
President and CEO, Woodforest National Bank

Mr. Dreibelbis began his career at Republic Bank A&M in College Station, Texas. In 1986 he accepted the position of president at American Bank in Conroe, Texas, and would serve that organization in various positions, including president of First Community Bancshares (FCBI).

Raymond Merk
VP, First Data

Mr. Merk has been dedicated to the growth of B2B payment technologies for the past 10 years, and has been immersed in supply chain technologies for more than 20 years.

Mark A. Johnson
General Partner, TTV

Mr. Johnson joined TTV in September 2008 as a general partner. Mark has more than 15 years of venture capital experience and 30 years of operating experience involved in growing one of the most successful bill payment systems, CheckFree.

Career Opportunities

If you’re interested in being part of an innovative team focused on building the future of payment experiences, we’d like to talk with you. Send your resume to info@payrailz.com. We’ll contact you regarding next steps.