The four-year-old, Austin-based software startup NewComLink has appointed Terence Spielman as CTO. Spielman was most recently a senior director and general manager for PayPal’s Austin office. NewComLink has raised $10 million in funding since its founding, including from Austin Ventures and StarVest Partners.

PRESS RELEASE:

NewComLink, a pioneer in retail credit technology solutions, today announced a new hire to their growing executive team. Terence Spielman has been appointed Chief Technology Officer for the company.

“Terence is a proven technology leader who will have a major impact on NewComLink’s future,” Suneet Paul, NewComLink’s Co-Founder and CEO said. “This is an important hire for NewComLink, particularly as we continue to build our next generation of technology solutions to not only meet but exceed the needs of our clients.”

Spielman, who most recently served as Senior Director and General Manager for PayPal’s Austin office, brings over 20 years of experience in technology as a developer, architect and a leader translating business needs to technology solutions. Terence has held leadership and executive positions at an e-commerce startup company, Visa and PayPal. Most recently Terence was responsible for leading global development teams at PayPal that were responsible for re-architecting the customer service platforms and customer database.

Spielman will leverage his deep technical expertise and business acumen in his new role as CTO. He will be responsible for evolving NewComLink’s core technology and client solutions, including setting a vision for the development of future solutions.

“NewComLink is truly revolutionizing the way consumers access credit and financing at the moment they actually need it. I am excited to join the team at NewComLink to continue aggressively building out their innovative solutions to their full potential while helping retailers of all sizes increase sales and customer loyalty,” said Spielman.

About NewComLink

Based in Austin, Texas, NewComLink is transforming the way consumers access financing at the point of need, beginning with retail credit. The company’s innovative technology solutions brings new efficiencies to financing all while driving incremental sales, profits and improving customer satisfaction. NewComLink was founded in 2008 and is privately held with venture capital funding from Austin Ventures and StarVest Partners. For more information, please visit the company’s website at www.newcomlink.com .

SOURCE: NewComLink