Paystand CEO Jeremy Almond Named 2023 EY Bay Area Entrepreneur Of The Year(R) Award Finalist
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are building bolder futures
SCOTTS VALLEY, CA / ACCESSWIRE / May 16, 2023 / Jeremy Almond, CEO of Paystand, the leading blockchain-enabled B2B payment network, was named an Ernst & Young LLP (EY US) Entrepreneur Of The Year® 2023 Bay Area Award finalist. Now in its 37th year, Entrepreneur of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.
Finalists were selected based on the evaluation of an independent panel of judges for their demonstration of building long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes.
Almond founded Paystand in 2013 on the belief that commercial finance needed to be rebuilt from the ground up, and the company is on a mission to create an open and equitable commercial finance system, starting with a zero-fee network for B2B payments.
"I'm proud of the progress we have made since our early days, with more than 600,000 businesses making payments over the Paystand Network," said Almond. "Paystand is driving forward innovation in the B2B payment sector, helping businesses scale without limits and contributing to a thriving economy designed to benefit all who participate within it. Being named an EY Finalist is a gratifying confirmation of the years of work."
"I'm excited to build the future of finance, expand the business throughout LATAM and drive innovative payment technology across the Americas. I want to continue to promote the value of the blockchain system, both through Paystand and through my podcast reDeFined," Almond continued.
On June 9, 2023, regional award winners will be announced. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2024.
The Entrepreneur Of The Year program has recognized more than 11,000 entrepreneurs throughout the US since its inception in 1986, and it has grown to recognize business leaders across 145 cities in more than 60 countries around the world.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, N.A.; SAP America; and the Kauffman Foundation. In the Bay Area region, sponsors also include Cresa, Woodruff-Sawyer & Co, Big Picture and ADP.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world's most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall Award winners go on to compete for the EY World Entrepreneur Of The Year™ title. Visit ey.com/us/eoy.
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private.
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
About Paystand
Paystand is on a mission to create a more open commercial finance system, starting with a zero-fee network for B2B payments. Paystand is the largest B2B receivables, payables and payments network running on a commercial blockchain. The company makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. The AR/AP solutions are designed for both U.S. and LATAM businesses of all sizes. For more information about Paystand, visit us at paystand.com. Follow our blog, and connect with us on Twitter and LinkedIn.
Media Contact:
Erica Zeidenberg
erica@hottomato.net
925-518-8159
SOURCE: Paystand
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