PHOENIX –

BillingTree announced this week several internal promotions within its executive committee.

Citing its success in 2015 as the catalyst behind the advancements, including its total payment processing volume exceeding $2 billion for the year as well as the successful launch of its Payrazr payment solution suite, the following promotions were made:

  • Nils Krumins, who joined BillingTree as senior director of professional services has been promoted to vice president of operations and client success.
  • Dave Yohe, has been elevated from his position as senior director of corporate marketing to become vice president of marketing.
  • Dan Vaith, previously director of finance, is now senior director of finance and has also joined the company's executive committee.

BillingTree’s $2 billion in payment processing volume in 2015 marked a 45 percent increase over 2014.

The company was also recognized as one of 2015’s Best Places to Work in Arizona, in the small business category, by the Phoenix Business Journal.

Edz Sturans, who just completed his first full year of operations as chief executive officer of the company, highlighted some of the year’s achievements.

"2015 was another milestone year for BillingTree with the launch of the Payrazr payment solution suite, corporate rebranding and ongoing adoption of our services and technology," Sturans said. "Our company culture is key to our success, marked by BillingTree ranking as one of the top ten best small businesses to work in Arizona. I am pleased to recognize our entire team's achievements as we prepare to deliver many more exciting innovations in 2016."