"With more than 20 years of experience in the software industry and a deep product background, Francis is exactly the kind of leader we need to further grow and innovate in the parking market on an international scale," said Stefan Imme, Head of M&A and Investment Management at Volkswagen Financial Services AG.
Francis, a long-standing member of the executive team at PayByPhone, takes the reins at a pivotal time for the company. The recent acquisition of PayByPhone by Volkswagen Financial Service AG gives the PayByPhone team unprecedented access to the automotive industry at a time when smart parking and smart city initiatives are booming.
"I'm very excited about the opportunity we have to build on our history of innovation and continue to drive the transformation of the parking industry," Francis Dupuis said. "We're extremely well poised to grow the business to its true potential."
ABOUT PAYBYPHONE
PayByPhone is one of the fastest growing mobile payments companies in the world, processing more than $325 million in payments annually. Through the company's mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking without the hassles of waiting in line, having to carry change or risking costly fines.
Thomas Nguyen, Marketing Manager tnguyen@paybyphone.com
© 2017 GlobeNewswire
