Who is Paycasa
Mark Itwaru Chairman and CEO
Mark Itwaru is serial entrepreneur with 18 years experience in running payment processing companies who has successfully founded several companies based on his patented technologies Mr. Itwaru holds patents on ecommerce carrier billing, QR code based mobile payments transactions, ultrasonic sound codes for payment processing, mobile device gesture based payment systems and distributed wallet accounts for international money remittances. Mr. Itwaru was the founder and CEO of Navaho Networks an online payment processing company specializing in non card based online payment processing. Navaho Networks services processed several billions of dollars in transactions and provided advanced fraud avoidance services to the online gambling industry.
Mr. Itwaru is also the founder and CEO of Peeks Social an e-commerce enabled live streaming social network. Peeks Social allows it’s users to interact and transact with each other via a live streaming social network. Peeks social was voted number 1 tech company by the Toronto Venture exchange in 2016. In a year since its launch Peeks has climbed to being the 15th top grossing social app in the US. Mr. Itwaru also currently runs Paycasa Corp. payments processing company providing a digital currency payments platform to entities in the digital currency industry as well as fiat based payment processing services. Prior to founding his first company Mr. Itwaru worked at AT&T Canada designing wide area networks for financial and governmental institutions.
Nazreen Ali, MBAMember of the Board
Ms. Ali earned an MBA from Queen’s University and is executive vice president with Personas Corporation, a mobile commerce company. She has assisted a number of Canadian firms in developing socially responsible and international initiatives. Previous to that, Ms. Ali served in a business development capacity at Trimark Investment Management (International) and at the Canadian Soccer Association, with overall responsibility for financial administration. She was appointed to the Ontario Motor Vehicle Industry Council (OMVIC) in 2009 and served as OMVIC’s secretary-treasurer from 2011 to 2013 and again in 2016. She was also OMVIC’s President and Chair of the Board in 2014 and again is currently serving as its President and Chair in 2017.
James Westlake, MBA Member of the Board
Mr. Westlake has more than 35 years of experience in the financial services industry, most recently serving as Group Head, International Banking and Insurance, Royal Bank of Canada. Mr. Westlake was a member of RBC’s Group Executive, being one of nine executives responsible for setting the overall strategic direction of RBC. Prior to joining RBC, Mr. Westlake spent 19 years with the Metropolitan Life Insurance Company, rising to become a Chief Operating Officer. He was the Chair of the Canadian Bankers Association. He also served on the boards of the Canadian Paralympic Committee and Oakville Hydro. Mr. Westlake holds an MBA from Queen’s University
Paycasa is proud to have Forstmann and Co. as corporate advisors and as strategic partners of Paycasa
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