Board of Directors

The visionary leader of AccountNow with more than 22 years of financial services industry experience, Tim Coltrell has served as the Company’s CEO since its inception in 2004. During his tenure, Tim raised three rounds of capital totaling $21 million, while establishing the company as one of the premier providers of financial services to good people who have been turned away by traditional banking institutions.

Prior to starting AccountNow, Tim was one of the founders of the credit card company NextCard. Serving as Chief Operations Officer, Tim scaled operations to support company growth from start-up to over 1,200 employees in three years.

Tim also was President and CEO of GE Capital Consumer Card Company, where he headed operations for Consumer Financial Services, a credit card division of GE Capital. Prior to joining GE, Tim held numerous roles across the operations group at Providian. He began his career at Citicorp as a manager of a collections group.

Tim has a BA in Social Ecology and an MBA with an emphasis in Technology and Entrepreneurship from the University of California, Irvine.

Dr. Mehta is president and CEO of Granite Hill Capital Ventures as well as chairman of Peach Direct, a private label credit card company. He was previously chairman of the board and CEO of Providian Financial Corporation, an S&P500 company. Dr. Mehta is a trustee of Cal State University. Known for his philanthropic activities, he formed the Shailesh J. Mehta and Kalpa S. Mehta Charitable Foundation, which has given millions in grants to various institutions. Dr. Mehta advises Beganto on matters of network marketing and peer-to-peer adoption.
Jamie Hale is a Partner of Oak Hill Investment Management and concentrates his efforts on private equity manager selection, secondaries, and direct investments. During his tenure at Oak Hill, Jamie has played a key role in the establishment of OHIM’s secondary investment activities. Prior to joining OHIM, Jamie was a Principal in Oak Hill’s direct venture practice and an investment banker at Lazard Freres & Co. Jamie holds a B.A. in Economics and Government from Bowdoin College and an M.B.A. from Harvard Business School.
Woody Marshall joined Trident Capital in 1996 as a Principal and has been a Managing Director since 1998. In this role, he focuses on the payments, internet and communications technology markets. From 1992 to 1994, he was an Associate with the Leveraged Capital Group of Banque Paribas. Earlier in his career, Woody was a Financial Analyst in the Corporate Finance department of Chase Manhattan Bank, where he specialized in merchant banking transactions.

Woody's current directorships include AccountNow, Advanced Payment Solutions, Arantech, Bytemobile, eGistics, Merchant eSolutions, MegaPath, and Xata Corporation (XATA). He is also responsible for investment oversight on AirTight Networks, Kayak.com, mBlox and Sabre Holdings.

Woody's past investments include American Cellular (acquired by AT&T/Dobson), CommSite International (acquired by American Tower), bamboo.com (acquired by Internet Pictures (IPIX)), Internet Securities (acquired by Euromoney), MapQuest.com, Inc. (MQST) (acquired by AOL) and SideStep (acquired by Kayak.com).

Woody earned his B.A. from Hamilton College and his M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University.

Mr. Galasso has an extensive financial services background. Since early 2005 Mr. Galasso has been strategic advisor and independent board director to Advanced Payment Solutions, an early stage company that launched the UK's first prepaid bankcard. Prior to joining Advanced Payment Solutions, Mr. Galasso was Chairman and CEO of NetSpend Corporation, a US prepaid payment solutions company. Under Steve's leadership NetSpend grew from less than $1 million in revenues in 2001 to over $40 million in forward revenues in 2004. The company won the Portfolio Company of the Year award in 2003 from the National Association of Small Business Investment Companies (NASBIC). It is one of the largest and fastest growing prepaid companies in the world. The company was sold in 2004.

Mr. Galasso was also formerly the President and CEO of Universal Value Network, a payment card and data management company, which he was instrumental in selling in 2000. Prior to that venture, Mr. Galasso was the President and CEO of Bank of America's credit card company. He grew that company to be Visa's fifth largest issuer worldwide. Prior to Bank of America, Mr. Galasso was Vice President and Marketing Director of Communications, Strategic Planning and New Products for Citibank, Visa and MasterCard products.

Mr. Galasso earned his B.S. degree in Marketing from Fordham University and an M.B.A. from Fordham University Graduate School of Business in New York.

Esfandiar heads INVESCO Private Capital's office in Palo Alto, California. His focus is technology investments. Since joining the group in 1998, he has led INVESCO's investments in ONI Systems, Endwave, Fastparts, Integrated MicroMachines and Sigmatel. He is a member of the Board of Directors of Endwave (now public), Integrated MicroMachines and Fastparts.

Esfandiar began his career in 1982 as a member of the AT&T's Technical Staff in Bell Labs's semiconductor devices area. He later joined the CFO Group at Corporate Headquarters, helping to integrate the MicroElectronics Division's business plan into the total AT&T business plan. In 1987, as CFO and Director of Operations, he co-founded a startup called Pixel Machines, a hardware plus software company in the image processing and 3D graphics business.

Esfandiar later re-joined AT&T Corporate Headquarters as Corporate Development Director to help focus on new growth opportunities, most notably Wireless (through acquisition of McCaw Cellular) and Online Services (through startup of WorldNet).

Esfandiar received a Ph.D. in Operations Research from the UCLA School of Engineering in 1982. He received a M.S. in Operations Research from the University of North Carolina in 1976 and a B.A. in Mathematics from Berea College (Kentucky) in 1974.