Douglas Preston Email and Phone Number
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I am an energetic, innovative, effective communicator who specializes in customer-centric product strategy & technology leadership. One who yearns to recruit and foster superstar teams with a mission to evolve the monetization efforts and core vision of innovative organizations. With over 20 years of executive leadership experience in corporate, startup and venture capital endeavors, I bring relentless passion and accountability to the table. A desire to reshape, maintain and create stellar company culture and vision where every decision that is made is to achieve operational & technology excellence. I have an entrepreneurial hyper-growth mindset with management experience in all aspects of the business. I am a strategic logical thinker with a solid track record both as a technology and business expert that can impact current and future production, profitability, and efficiency operations. A senior executive that understands people are the most important factor in building high performing product, operational, and technology teams.Prior engagements include identifying, acquiring and incubating startups with proven results in bringing products successfully to market. Conceptualizing, prototyping, creating, testing and introducing SaaS based enterprise level technologies from scratch utilizing a modern-day design thinking framework and systematic approach of Inspiration, Ideation & Implementation. I championed verticals first to market in the early 2000's by raising venture capital, angel and private funding. The associated IP and teams were ultimately consumed by various enterprises & the technology distributed for consumer use spanning two decades.I have worked for, acted as a senior consultant, played strategic advisor and partnered in JV's as well as built ground up software platforms for many Fortune 500 companies such as FIS, the National Football League, Johns Hopkins School of Medicine, VMware, Land Rover & Jaguar and Microsoft as more notables. These engagements included introducing and building many proprietary managed SaaS platforms in FinTech, BNPL, patient lending & financing, BFSI, payments, document management, real estate, cloud lending & servicing, talent acquisition, eCommerce, supply chain and GPS asset management and tracking industries.My deep knowledge and understanding of SaaS, customer pain points and desires paired with my ability to translate those needs into cutting-edge software solutions that generate recurring business revenue are vital ingredients company’s desire.
Equipifi
View- Website:
- equipifi.com
- Employees:
- 42
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Head Of Strategy And Partnerships, Leadership Executive | BnplEquipifiFlorida, United States
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Head Of Strategy & Partnerships, Leadership Executive | BnplEquipifi Sep 2022 - PresentScottsdale, Arizona, Usequipifi is an early stage, first to market, well-funded series A SaaS FinTech startup with incredible sales traction. Servicing US Credit Unions and Banks with a white labeled solution tightly integrated into their digital banking platforms creating net new interest income and engagement opportunities. Loss of Point-of-Sale transactional spend, top of wallet status and displacement concerns to the direct-to-consumer merchant based FinTech’s such as Affirm, Klarna, Apple, PayPal are driving adoption.• Key contributor as a foremost Subject Matter Expert in post-purchase debit BNPL.• Owned strategic partnership discovery, onboarding, relationships for PSCU, SWBC, CO-OP, FIS, MAP, ENVISANT, MERIDIANLINK, FISERV, JACK HENRY, Q2, ALKAMI, DNA…• Led a GTM sales strategy that consummated ≈40 multiyear agreements with innovative forward-thinking US based financial institutions, representing millions of consumer checking accounts.• Acting corporate evangelist at in person speaking engagements & events, tasked with presenting our value proposition to the leadership stakeholders of hundreds of FI’s.• Provided strategic corporate and product guidance to ensure product market fit, hypothesis validation, and revenue goals.• Senior member of the leadership team.
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Executive Strategic AdvisorFintech Digital Consortium Jun 2020 - PresentParticipating as a senior technologist and product specialist for a revenue generating private mid-stage consultancy. One of ≈20 handpicked senior level executives that currently provides technology solutions to a network of innovative financial institutions.• Propose monetization opportunities using while label SaaS platforms in micro-lending, POS origination, payments, digital borrower experiences, customer portals, loan portfolio cross-selling opportunities, loan servicing.• Participate in NPV analysis, viability, and feasibility of proposed opportunities.• Architect a FinTech innovation lab consisting of product and engineering superstars to execute and build MVP’s for one or many of the opportunities.• Contribute to R&D, vendor management, discovery, recruiting efforts, strategic partnerships and customer adoption efforts.• Guidance on payments acceptance for ACH, debit, credit, installments & crypto.
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Product Management Executive - Head Of Product | BnplFis Dec 2021 - Jul 2022Jacksonville, Fl, UsLeading the cutting-edge Buy Now, Pay Later technology & business development strategy to enable 1000’s of financial institutions to compete for retail and e-commerce spend, retain interchange, maintain loyalty, and create cross-sell opportunities currently lost to FinTech backed BNPL providers, #klarna, #afterpay, #affirm...• Authored the innovative “post-purchase” SaaS bank-backed BNPL full product & technology scope for the Debit & Credit Lines of Business.• Managed the budget, resources, and team of ≈100 members within a matrix.• Responsible for defining product market fit.• Owned the customer experience, UI & UX for initiatives for web and mobile.• Developed the Origination, Decisioning & Servicing SaaS platforms.• Conducted competitive market & user research and created the business logic.• Key sponsor in pricing, GTM, compliance, regulatory and marketing initiatives. -
Chief Technology Officer, Head Of Product – Shiphalo (Nld)Next Level Distribution Feb 2021 - Apr 2021ShipHalo is challenging brick-and-mortar status quo and delivering a technology first hyper-growth enterprise that innovates and automates shipping services. A private equity, well-funded eCommerce fulfillment early-stage startup. Sister company of a $150M revenue 20+ year leading 3PL supply chain enterprise - Next Level Distribution.• Spearheaded all recruiting, technology, and product development initiatives.• Worked intimately with ownership and the board to create the pitch deck, value proposition, mission statement and market differentiators.• Crafted the competitive market viability and feasibility study.• Defined and validated both short-term technology and long-term software development strategies, utilizing the imposed initial ≈$2M annual budget.• Created and vetted the initial 15+ person engineering and product team architecture using an innovative lean-startup multidisciplinary hybrid on-premises / nearshore distributed agile delivery model.• Proposed innovative BNPL recurring payments strategy.
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Vice President, Head Of Product Development & InnovationBhg Financial Mar 2019 - Sep 2020Fort Lauderdale, Florida, UsCreated a specialized superstar team of 24 direct reports for an 800+ person strong specialty finance hybrid FinTech lender with gross revenues of 2.5B+ annually. Personally, handpicking and recruiting the talent and delivered a SaaS all digital payments & customer platform MVP within 9 short months. An initiative financially backed by the 73rd largest super regional bank in the US where I made all key executive decisions. A state-of-the-art cloud-based healthcare point-of-sale TaaS API integration suite of tools, emphasis on best practices in security, governance, risk, and compliance.My key role was to develop new, innovative viable products and services. My field of work required me to identify critical market needs for 1100+ community and regional banks.• Microlending product visionary of the BNPL installments POS Patient Lending platform, connecting patients of ASC's and Hospitals to over 1100 participating banks.• Managed a $3.5M annual budget for an independent innovation lab.• Executed corporate digital transformation vision directly with the CEO / CTO.• Demonstrated products via live 400+ in-person seminars to create adoption.• Utilized a skunk works rapid product development team to build the platform in house, instead of buying a Commercial Off The Shelf product, saved ≈$69M.• I delivered the team that removed the multimillion-dollar long term partnership licensing dependency, estimated at ≈$95M over 5 years. -
Chief Technology Officer | Former Founding Principal PartnerNetweb, Inc. Apr 2013 - Feb 2019NetWeb was formed in 1999 with a mission to foster and incubate SMB's by offering custom managed SaaS products in lieu of equity. The IT backbone was provided allowing customers to focus on the marketing and sales channels. The approach enabled our customers accelerated first to market opportunities. As we matured, we bundled leadership mentoring, physical workspace and seed funding which diversified the holding portfolio. Core product offerings included critical business applications, custom software solutions, websites, back-office platforms, brand, domain management, payment processing, e-commerce solutions, email and offsite backup. NetWeb maintains a client base of SMB's located throughout the US acquired as far back as 1999. A true testament to consultative customer-centric services.• Managed all high-level department heads and business operations.• Rubber stamped all IT infrastructure decisions concept to completion.• Incubated several startups with recurring revenue, achieving profitable exits.• Formulated and built IT applications, for select fortune 500 enterprises, who preferred outsourced SaaS solutions over in-house software development.
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Chief Product Officer | Co-FounderGps Web Tracking, Inc. Aug 2008 - Feb 2013I co-founded GPS Web Tracking in 2008 from a concept to supply a wide variety of GPS related products and services in an emerging GPS market. I made key executive level decisions in all aspects of the business, raised funding for this startup and successfully brought the offering to market in 2009. GPS Web Tracking managed hundreds of clients and tens of thousands of assets worldwide. The value proposition was to combine vehicle and asset-based GPS tracking technology with a powerful, easy-to-use online service that would help customers efficiently manage mobile workforce activity as well as secure valuable mobile assets. A SaaS cloud-based platform was designed, under my direct guidance, to give users access to the GPS fleet tracking system through a secure internet portal with 24-hour access from any internet device.• Conceptualized and authored the web-based platform to give users access to a GPS fleet tracking system through a secure internet portal.• Researched, designed, and governed the implementation of the entire GPS backend application from cellular protocol to hardware devices.• Led product strategy and customer experience initiatives.• Supported entire business progression & tailored customer onboarding efforts.• Provided overall IT guidance for infrastructure requirements, hardware integration, satellite & cellular connectivity protocols and OTA firmware updates.
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Product Architect - Strategic PartnershipVmware Jul 2007 - Jun 2009Palo Alto, Ca, UsFormed a strategic partnership to build a ground up applicant tracking and management system for VMware's campus relations department. The platform involved a collaborative group of cross-functional professionals to conceptualize, build, and deploy a cloud solution. The solution converted over 25K candidates from a simple physical resume to a fluid digital fingerprint. The digital transformation achieved matching 1000's of top-tier candidates with hiring managers throughout all VMware departments and using a managed SaaS model. The proprietary web application employed a token-based contribution system that gave hiring managers a finite allotment of input, creating a fairness for candidate acquisition.• Determined both the viability and feasibility of the opportunity.• Hired and managed the specialized team from discovery to deployment.• Licensed the intellectual property, which was exclusively used for 2.5 years in production and subsequently absorbed by VMware internally. -
Senior Vice President Of TechnologyScan Pros, Inc. Jul 2001 - Jun 2008The challenge in 2000 was to provide a cost-effective, secure, long-term archiving solution for companies that needed to convert, store, access and manage digital documents. Scan Pros image archiving service successfully addressed those needs. Cloud based document retrieval enables document-intensive industries such as Law Offices, Financial Services, Real Estate, Title & Closing Services and Insurance Agencies to have instantaneous access to critical company records. Clients can securely access their files 24/7 365 days a year from any internet enabled device. Scan Pros maintains hundreds of clients nationally and is a market leader providing eDocument solutions to SMB's.• Scan Pros represents a cutting-edge FTM offering I co-conceptualized in 2001.• Chief product architect of a proprietary cloud-based document mgmt. system.• Wrote original compression algorithm, OCR engine & data warehouse model.• Led the web “CX” through a formalized bias free design thinking process.• Identified key opportunities & consummated strategic fortune 500 partnerships.• Created a cross-functional product team to build the solution from scratch.
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Director Of TechnologyArvida, A St. Joe Company Feb 1997 - Jun 2001Watersound, Florida, UsActing head of technology for a South Florida residential and commercial real estate satellite office that supported ≈100 persons.• Presented, built, sold & managed a SaaS templatized Multiple Listing Service web product for real estate agents from scratch, which allowed agents to market new listings and provide search functionality to prospective buyers.• Increased revenue with value added managed email, backup and websites.• Planned & setup a training & support service help desk, boosting productivity.• Transformed all physical documents to digital & architected a private cloud.• Integrated a customized eCommerce invoicing system to accept monthly recurring credit card payments, stimulating a digital payments transformation.
Douglas Preston Skills
Douglas Preston Education Details
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Mit Sloan School Of ManagementExecutive Management -
University Of FloridaMis
Frequently Asked Questions about Douglas Preston
What company does Douglas Preston work for?
Douglas Preston works for Equipifi
What is Douglas Preston's role at the current company?
Douglas Preston's current role is Head of Strategy and Partnerships, Leadership Executive | BNPL.
What is Douglas Preston's email address?
Douglas Preston's email address is dp****@****inc.com
What schools did Douglas Preston attend?
Douglas Preston attended Mit Sloan School Of Management, University Of Florida.
What skills is Douglas Preston known for?
Douglas Preston has skills like New Business Development, Management, Business Process, Mobile Devices, Cloud Computing, Requirements Analysis, Business Strategy, Strategic Partnerships, Vendor Management, Management Consulting, Saas, Project Management.
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