Billtrust, coming off record-setting year, names new CFO

Billtrust, the business-to-business cashflow solutions company, has named a new chief financial officer, it announced this week.

Mark Shifke brings more than 35 years of financial experience and a strong fintech background to the Lawrenceville-based company, it said in a news release Thursday.

“I am pleased to join Billtrust’s leadership team, and look forward to guiding Billtrust’s financial operations as they continue to transform the accounts receivables landscape for the world’s leading brands,” Shifke said in a prepared statement. “I’m excited, not only that Billtrust’s market-leading order-to-cash platform continues to be the industry standard, but that our Business Payments Network is revolutionizing B2B payments.”

He will report to founder and CEO Flint Lane.

“We’re thrilled to have Mark join the Billtrust team,” Lane said in a statement. “Mark is a world-class CFO and the perfect individual to help guide Billtrust into the future.”

Billtrust set records for revenue and new customer acquisition in 2019, it noted.