AffiniPay appoints Robert Alvarez to Executive Board

By Edlyn Cardoza

AffiniPay, the FinTech leader in online payments for professionals, has appointed Robert Alvarez as a member of their executive board. Robert’s appointment follows the news of AffiniPay’s new CEO, technology leader Dru Armstrong, as well as Stuart C. Harvey Jr.’s appointment to the AffiniPay executive board.

Robert Alvarez, Chief Financial Officer of BigCommerce, brings a range of experience in growing businesses, cultivating passionate teams and cultures, strategic execution, and business transactions with both public and privately held high-growth tech companies. Overseeing all facets of financial and operational strategy, Robert has guided BigCommerce through its private growth financing rounds with tier 1 institutional investors including General Catalyst, Revolution Growth, SoftBank, GGV Capital and Goldman Sachs. Most recently Alvarez led BigCommerce’s $249 million IPO which ranked #1 as the most oversubscribed tech IPO in the last five years and #1 in day one performance of tech IPOs in the last 15 years.

Prior to BigCommerce, Alvarez helped scale four high-growth, venture-backed start-ups through their exits. Three of the start-ups were successfully acquired by large strategic public companies, with the fourth going public. Robert has been recognized by the Austin Business Journal as a 3-time CFO of the Year, both in 2013 and 2021 for his exemplary leadership at BigCommerce, as well as in 2011 while serving as CFO at LibreDigital.

“AffiniPay is growing at an incredible rate, and I’m so excited to join them on this growth journey,” said Robert Alvarez. “The remarkable impact AffiniPay has made on the industry as an Austin-based FinTech company is incredibly exciting, and I look forward to fuelling their continued success as an industry leader in their space.”

AffiniPay is experiencing tremendous growth while on track to process more than $13B in payments in 2021. Dru Armstrong, CEO of AffiniPay, said, “We are honoured to have Robert join our Executive Board of Directors. With our elite leadership and high-performing teams, we will continue to bring in the best and progressively expand our success in new markets. Robert is a great addition to our company’s growth, and we look forward to achieving more with his expertise.”

AffiniPay is a professional services payments serving legal, accounting, architectural, engineering and construction firms. Each of its brands leads the market it serves with solutions purpose-built by industry including LawPay, ClientPay, CPACharge, and AffiniPay for Associations. AffiniPay’s solutions are trusted by more than 50,000 firms with more than 150 strategic partnerships and endorsements, including the American Bar Association and the American Institute of Certified Public Accountants.

In early 2021, IBS Intelligence reported that AffiniPay had announced the acquisition of ClientPay, the award-winning digital payment solution, to accelerate the adoption of online payments within large law firms.