Xplor Technologies, global provider of software and payments for everyday life businesses, today announced two leadership moves to accelerate AI and payments strategy. Shivani Stumpf joins as Chief AI Officer; and Chief Technology Officer, James Black, becomes President of Xplor's newly formed Global Payments & Infrastructure organization. Both roles effective immediately.
Stumpf will lead Xplor's enterprise AI strategy building on company's previously announced material eight-figure investment in AI. She will focus on bringing AI-native capabilities into Xplor's vertical software products so businesses can automate administrative work, receive proactive recommendations and make better decisions.
One organization for payments and infrastructure led by Black brings together technology infrastructure, security, platform operations and embedded payments. Result is more seamless experience for customers and easier way for more businesses to run operations and payments through Xplor's vertical software.
Our customers want technology that helps them solve problems, make better decisions and automate routine work. That's why investing in AI, embedded payments and finance, and technology foundations behind them. Moving fast to transform system of record platforms into mission-critical systems of action. Shivani and James have leadership and experience to turn strategy into practical value for customers.
Stumpf brings more than 20 years experience across AI, product management, engineering, data and analytics including senior leadership roles at PowerSchool and Hoonuit. Xplor's industry expertise, product depth, customer scale and payments connectivity give strong foundation for making AI useful in way customers work. Priority is to bring foundation into products they rely on every day so they can run business, make decisions, and serve customers better.
Black brings nearly 30 years experience across fintech, payments, capital markets and enterprise software including senior leadership roles at Worldpay, Allvue Systems, ICE Data Services and Goldman Sachs. Bringing payments, infrastructure, security and platform operations together gives teams stronger foundation for innovation. We'll move faster while keeping reliability, security and trust customers expect from Xplor.
About Xplor Technologies
Xplor Technologies powers the experiences at the heart of everyday life. Through modern vertical software, embedded payments and finance, and AI-powered capabilities, we help businesses in fitness, recreation, golf and club, field services, laundry, education, and other membership-based and service-based industries simplify operations, uncover insights, and elevate customer and member experiences. More than 130,000 businesses in 72+ countries rely on Xplor to run their day and get paid, processing over $47 billion in payments annually. Xplor is backed by world-class investors Advent International, Battery Ventures, Osprey Investors, and Silver Lake.
