AUSTIN, Texas, Nov. 15, 2016 /PRNewswire/ -- Vyze, a leader in cloud-based financial technology for retailers and lenders, announced today that Jai Holtz has joined the company as Vice President of Strategic Retail Services. Holtz joins Vyze after more than 20 years leading financial services at Sears Holdings Corporation.
"Jai is a thought leader and one of the most respected and knowledgeable leaders in retail and financing circles," says Vyze CEO Keith Nealon. "He and his team developed and implemented a number of unique solutions at Sears—like an automated financing waterfall and a lease-to-own program fully integrated into the Sears POS—all of which added significant long-term value to the company. Jai possesses a deep understanding of the key areas and processes retailers need to address to make financing partnerships work for them. We are thrilled to have his ingenuity and expertise on our side in our efforts to drive significant value and revenue growth to our retail partners and their customers." Prior to joining Vyze, Holtz was most recently President and General Manager of Sears Financial Services, where he oversaw the development and management of all financial services products. In his new role at Vyze, Holtz will be working with sales, product and customer success teams to leverage this expertise and experience, enhancing the company's product and service offerings to further meet the needs of retail customers. Holtz joins the Vyze team amidst a year of exciting growth for the company. After rebranding in April, the company strengthened its leadership team by adding CEO Keith Nealon, CFO John Whitmarsh, Vice President of Product Management Azim Panjwani and Senior Vice President of Sales Matthew Riley. Vyze also secured additional funding in June and introduced a new ecommerce solution to better address evolving customer preferences and retailer needs. "Coming from the retail world and understanding how important it is to be innovative and customer-focused, I have great respect for Vyze's approach to simplifying the financing process for retailers and consumers. Vyze is best positioned in the market to create even more opportunity for its retail partners," adds Holtz. "I'm excited to be working with the entire Vyze team to find new ways to enhance the customer experience across every channel and help our retail partners and their customers achieve their full potential."