Prepaid Technologies names new executive to products department


imageBirmingham-based fintech company Prepaid Technologies has named Matt Frye chief product officer.

Prepaid CEO Stephen Faust said the company had planned to expand its product and marketing teams using a $96 million investment it recently received.Other priorities for that investment included 20 additional hires, technological enhancements and possibly acquisitions, as Alabama Inno previously reported .

Frye has decades of experience in financial services and payments solutions in various bank, vendor and corporate roles.According to LinkedIn, Frye most recently was CEO of RewardLayer and CardNow in Texas.He also had a role as president and chief operating officer of Sendus Incentives in Arizona.

In addition to Frye, Elizabeth Worrell, who has held marketing leadership roles at various companies including Saks Fifth Avenue and Shipt, has joined Prepaid Technologies as senior vice president of marketing..

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