Colin Holowaychuk
Colin Holowaychuk's Bio:
Colin Holowaychuk's Experience:
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Founder at Tyler Financial Services Corp
June 2006 - January 2012As CEO at Tyler Financial, Colin consulted with early entrepreneurial ventures as well as large volume ecommerce merchants. Leading the management of their product, payments and introducing and balancing relationships with multiple banks while navigating through several concurrent jurisdictions. Specialized on developing new systems and business procedures, he lead projects ranging from user experience improvements to enhancing fraud and risk management systems, the introduction of multi channel sales and product support to the creation of collections applications and personnel training systems. Past clients include large volume online businesses where Colin helped manage the processing of $600+ Million annually through over 35 localized and alternative payment channels and over 40 concurrent local credit card merchant accounts. Focusing on global conversions these clients experienced a consistent 10-25% increase in deposit conversions while he introduced and lead several projects including multi channel payments and bonus marketing, MID and BIN management automation, multi channel decline recovery (outbound and inbound), localization marketing and service provider collapse recovery. Colin represented his clients while managing relationships with Payment Service Providers and lead teams responsible for the introduction, integration and the rapid launch (and retirement) of deposit and withdrawal channels. Colin also created collections systems and lead a team that within a few months grew collected funds 1000%.
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VP Business Development, & Director at Okalla Corp
June 2006 - February 2007Okalla is an e-Business Solutions Provider listed on the TSX Venture Exchange. While at Okalla, Mr. Holowaychuk lead fundraising efforts while developing organic and acquisition based growth strategies for the company. He also negotiated technology partnerships and managed product research and development.
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VP Marketing and Sales, North America & Senior Product Advisor at Neteller/ Neovia
March 2002 - July 2006Colin joined Neteller in early 2002, when they had less than 100,000 members and generated about $800,000 per month with around 20 staff. April 2004 Neteller listed on the AIM/ London Stock Exchange with a share price of 2.00 GBP which climbed to top out over 9.00 GBP in September 2005 and a peak market cap of over $2 Billion. In 2006 Colin left Neteller as they grew to more than 1000 employees, greater than 3 million members with revenues of over $20 million a month and 73% gross margins, with N. America accounting for over 80% of revenue generation. In his roles at NETELLER, Colin managed the early expansion of the company's product offerings to introduce internationalization, including region specific transaction methods, multicurrency, multilingual customer support and online chat. Colin lead projects such as the redesign of NETELLER's global website and the remodeling of the customer "sign up through first transaction" process. This project resulted in a 300%+ increase in customer first transaction conversions through improved usability, design and international customer identity verification. Colin introduced and implemented web traffic analytics and the use of business intelligence systems to recognize behavioral and transactional patterns of high value customers, and to provide differentiated products and services to customer segmentations. Colin lead teams responsible for the analysis and management of balancing transaction fraud risk with increased conversions, resulting in a 250%+ increase in customer lifetime value.
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President at ProBilling
August 2002 - March 2005From 2002- 2005 Colin was President of ProBilling, an Internet Payment Service Provider and wholly owned subsidiary of NETELLER inc. With full P&L responsibility, Colin leveraged the unique value proposition of guaranteed payments in international high-risk markets to attract over 5500 merchant customers and tens of thousands of websites. ProBilling grew rapidly averaging 50% month over month revenue growth. ProBilling specialized in processed recurring subscriptions and one-time payments for online businesses. Colin collaborated with Front line support personnel, Merchant customers and Engineers to lead the definition and prioritization of products and features. He developed and successfully implemented business and product development strategies driving rapid growth and software development. As President, Colin managed ProBilling's operations, integrating streamlined systems and processes with an emphasis on sales, customer service and banking.
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Instructor- Multimedia Production and eCommerce Web Site Development at The Media Classroom
January 2001 - January 2002The Media Classroom is an accredited private vocational school that provides focused practical and relevant training in digital media. Mr. Holowaychuk trained students in several specialized disciplines, including layout and design, computer graphics, animation, digital video production, interactive CD authoring, web site design and construction.
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Founder at merchee
2011At merchee we want to enable anyone to be an entrepreneur. One of the biggest hurdles of starting and growing a business is dealing with the complications of accepting payments and managing recurring subscriptions. With merchee, thousands of businesses have started accepting credit cards within minutes. They sell products and services on their website, through social networks and mobile devices, without any integrations, programming, or worrying about things like PCI compliance. Bundled with affiliate and referral marketing systems, merchee's customer acquisition solutions accelerate growth rates. Merchee automatically custom designs checkout page to match your website, optimizing conversions while maintaining brand consistency. Simplified recurring subscription management leverages intelligent decline recovery to boost customer retention and average revenue per customer. Merchee is one of the first brands to be released on the Simplified Ecommerce Platform. Leveraging the platform's technology, security and features, merchee enables businesses with a fast and easy solution for getting to market, accepting recurring payments and accelerating their growth.
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Founder at Simplified Ecommerce
January 2010With todays technologies it is increasingly easier to develop and market new apps, products and services. Businesses are introducing solutions to meet the needs of markets faster then ever before. Unfortunately banks and payment processors haven't adapted to this speed to market, it still is a long, complicated process to become approved for a credit card merchant account. We support you throughout your entire business lifecycle too. We offer API's as your needs become more advanced and when you're ready, we'll deliver offers from multiple merchant account providers to ensure you get the best rates. Transitioning between merchant accounts is instant, effortless and seamless. All your data, reporting, affiliate relationships, custom checkout pages and subscriptions remain intact. Your customer data is safely stored in a level 1 PCI compliant secure vault. Our tier 1 gateway is certified on 97% of the payment networks in the US, and a bunch of international processors and providers too. Working with companies like First Data, Global Payments, Paymentech, Concord BUYPASS and Vital / TSYS, engineers are constantly re-certify to ensure processing enhancements and security is always up to date.
Colin Holowaychuk's Education:
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Luis Rosenfeld & Steve Krug Seminars
2005 – 2005 -
Pragmatic Marketing: Product Management
2005 – 2005CertificationConcentration: PMC- Pragmatic Marketing Certified -
The Media Classroom
1995 – 1996Concentration: Multimedia Production Specialist Program -
Northern Alberta Institute of Technology
1990 – 1991Concentration: Business Administration & Information Systems Technology -
Startup Bootcamp