Eric Bachman

Professional Background

Eric Bachman is a distinguished leader in the financial technology (FinTech) and payments industry, boasting an extensive career marked by strategic growth and operational success. With a powerful blend of entrepreneurial spirit and corporate expertise, Eric has adeptly navigated the complexities of payment card issuance, transaction processing, mortgage lending, and insurance. His honed skills in process-driven management and team building have been instrumental in driving healthy profitability and positioning companies for remarkable growth.

Throughout his career, Eric has managed operating budgets reaching into the hundreds of millions and has proven his ability to leverage both large corporate structures and startup environments to create value. His tenure as the head of a significant division within a Fortune 100 bank highlights his capacity to operate on a large scale while also demonstrating a strong commitment to innovation in financial services.

Eric’s comprehensive experience includes managing the sell-side of four acquisitions and participating in more than a dozen buy-side transactions. His deep understanding of the acquisition process is complemented by his experience collaborating with regulatory bodies, guiding companies through complex regulatory landscapes within the diverse sectors of finance and technology.

Education and Achievements

Eric's academic foundation is as robust as his professional journey. He earned his Bachelor of Arts in Mass Communications and Business from the prestigious University of California, Berkeley, which instilled him with a comprehensive understanding of both communication strategies and business acumen. In addition, he furthered his studies at the Haas School of Business at UC Berkeley, equipping himself with advanced business insights crucial for leading organizations in today's competitive landscape.

His professional achievements extend to influential positions at various notable organizations. As an Advisor for Fintech and early-stage technology companies, Eric shares his wealth of knowledge, guiding startups through the critical stages of development. He has previously held the role of Entrepreneur in Residence at BBVA - New Digital Businesses, illustrating his commitment to fostering innovation in financial services.

Eric has served as the Chief Operating Officer at Marqeta, Inc., where he led initiatives that transformed the company into a prominent player in the payments space. His entrepreneurial insights were further showcased as the CEO and Founder of Golden Gateway Financial, Inc., and as the CEO at Pay By Touch Payment Solutions, reinforcing his ability to create and lead organizations that thrive amidst changing market conditions. He was also instrumental at various levels of management and leadership at leading banks and financial institutions, including US Bank and Wells Fargo, where he worked to enhance payment systems, marketing, and product management.

Key Contributions and Impact

Eric's leadership philosophy centers around building exceptional teams and fostering a culture of innovation and accountability. He is accomplished in process construction and management, which has enabled him to deliver significant results across various roles. This expertise not only leads to improved operational efficiency but also creates a thriving environment for employees to excel. Eric's experience in raising over $250 million in funding from private investors, venture capitalists, and private equity firms for multiple startups highlights his capability to attract investment and drive sustainable growth.

Among his many accolades, Eric's deep involvement with the Visa Merchant Advisory Council as a former Board Member underscores his influence and commitment to advancing the payments landscape. He has also held significant positions such as Director and Board Member at Art Supply Enterprises and other high-impact roles in various financial organizations, further showcasing his diverse expertise across sectors.

As Eric looks to the future, he is excited about opportunities that enable him to leverage creativity and technology to propel companies to new heights. His keen interest in exploring roles that allow for collaboration with innovative teams positions him as a valuable asset for any organization aiming for leadership in the fast-evolving financial services sector.