Lloyd Fernandes

Platform Product Leader · Still Writes Code · Payments, then Research

llonandes@gmail.com llonandes.online linkedin.com/in/llonandes SF Bay Area

A product leader who builds the platform under the product, and aligns three things that usually drift apart: the roadmap, the reconciliation, and the story told to investors.

Twenty-eight years in technology across six domains: banking systems, eCommerce, eighteen years of payments platforms, a hospitality payments vertical, three nonprofit products built solo, and now research software at Lumivero. Two of the payments platforms were later acquired: Verifi by Visa and Payrix by FIS/Worldpay.

Experience

Lumivero

Aug 2026 – Present

Senior Director, Product Management

Research and decision software (NVivo, ATLAS.ti, Citavi, XLSTAT, @RISK, DecisionTools), PE-backed and assembled from several acquisitions. Joined to help build the research platform for the AI era across the acquired product lines.

AI-Native Initiatives

Feb 2026 – Present

Founder & Solo Builder · Domavant Holdings LLC

DuesSync: Stripe-integrated dues collection for fraternal councils; live with pilot councils. Solo build across product, engineering, and GTM.
Nave.live: multi-tenant "Parish OS" for Catholic parishes; multilingual member portal plus a role-based staff back office. In pilot with its first parish.
SundaySquares.org: charitable football raffle platform for nonprofits; provably fair draws, live score sync, in-person ticket sales only, no money through the platform. Live for the 2026 season.

Canary Technologies

Jun 2025 – Feb 2026

Product Leader, Global Payments

Grew the payments business ~30% to ~$9M ARR across three products: Digital Authorizations (wedge), Payment Links (new), and Digital Contracts (needed revival). Launched Canary AI Contracts with the first-ever Payment Hub for Hotel Sales & Catering teams.
Managed 20+ PSP integrations (Stripe, Adyen, Shift4, Elavon, Nexi, Global Blue, Ant Financial) to unblock global clients and negotiate referral revenue.
Modeled a $100M ARR scale-up plan covering unit economics, enterprise expansion, and PSP tiering. Founders elected to deploy that capital into AI innovations for hotels, a strategic pivot for the company.

Stax Payments

Jun 2024 – May 2025

VP Product, Money Movement · Contract

Recruited by the CEO and executive team within 3 days to launch Stax Processing on a money-movement platform (acquired from FIS for ~$4M) that was misfit in Stax’s architecture, leaking merchant payouts and failing third-party ACH for ISV partners.
Ran build-or-buy under PE pressure; delivered fix over replace, saving millions and months of work; stabilized $500M+ monthly TPV / $20M daily ACH, initiated external NACHA audits, and extended to Platform Reconciliations across card brands, sponsor banks, and platforms.

Yodlee / Envestnet · now acquired by STG

Oct 2021 – May 2024

VP Product, Banking & Payments

Recruited by the CPO to lead Payments at Yodlee, a ~$200M ARR division of Envestnet (public, ~$1B revenue) serving 17 of the top US banks. Inherited Account Verifications ($25M mature wedge).
Launched two 0→1 products: Account Tokens (bank-account analog to card tokens) to reinvent the wedge, and Subscription & Bill Tracker on Yodlee’s data core (in deployment discussions with BoA Diamond, Navy Federal Credit Union). Together drove 5–8% gross revenue increase. Envestnet later slowed under investor pressure; Yodlee transitioned to PE-owned.

Payrix · acquired by FIS/Worldpay

Sep 2020 – Sep 2021

VP Product, Payment Facilitation

Recruited by PE investors to drive next-stage growth and set up the exit. Built multi-processor framework adding Fiserv/Wells Fargo alongside existing FIS/TD Bank, unlocking the next revenue leg and removing concentration risk.
Unblocked the M&A cycle mid-process by engineering reconciliation that matched platform dollars against bank and card-brand settlement end-to-end. Scaled the product team from 5 to 15 and drove full brand redesign under M&A pressure. Grew run-rate ARR from $10M to $50M. Acquired by FIS/Worldpay; now Worldpay for Platforms within Global Payments.

Rapyd

Sep 2018 – Sep 2020

Sr. Director, Product, Payment Networks

As first US product hire (Mountain View), built the first E2E partner integration on APMs, the seed of RPGN (Rapyd Global Payments Network), which grew to 60+ APMs and 1,000+ payment methods competing with Stripe and Adyen.
Built 0→1 Global Issuing Platform in Mexico (adopted by Uber and Rappi for driver cards); extended issuer infrastructure into Brazil and South Africa. Built US ACH rails with Evolve Bank & Trust; scaled global product org across SFO, Tel Aviv, and Singapore. Rapyd was valued at about $4.5B in its 2025 funding round.

Verifi · acquired by Visa

May 2017 – Aug 2018

Director, Payments & Risk

Owned three product lines at the industry leader in Chargeback Management, feeding the CB flywheel: Payment Platform (NMI white-label), Intel Suite (proprietary multi-vendor processing toolset), and Decline Salvage.
Built automatic Account Updater to deprecate Decline Salvage; re-platformed the stack. Cut fraud losses ~50%, risk exposure 20%. Built foundations that contributed to the Visa acquisition.

PayPal

Apr 2012 – Apr 2017

Product Leader, Global Core Payments

Shipped the first-ever PayPal Card with The Home Depot as PayPal’s first in-store rollout. Owned the build and rollout to first 25K users (80%+ activations); project shelved at 11 months as PayPal pivoted to mobile-first.
Rebuilt consumer mobile app payment-instruments layer (cards, banks, balances, FX): 208 markets / 10M+ downloads. On Core Payments: re-architected the Stored Value platform, foundational tech for PayPal Wallet; launched global holdings system for 200M+ users / 25 currencies.

Blackhawk Network

Jul 2008 – Apr 2012

Principal Systems Engineer (Prepaid Card Network)

Built and managed the high-capacity payment processing engine sustaining ~2,700 TPS, the backbone of Blackhawk’s prepaid network through every holiday-season peak.
Designed and launched the global NOC’s real-time financial-transactions dashboard: 50% reduction in response times.

Skills

Payments rails: ACH, RTP, FedNow, Visa Direct, push-to-card, card networks (Visa, Mastercard, Amex, Discover), cross-border, 60+ alternative payment methods.

Platforms & PSPs: Stripe, Adyen, Shift4, Elavon, Nexi, Global Blue, Ant Financial, Fiserv, Wells Fargo, Plaid; orchestration across 20+ global PSPs.

Compliance & risk: NACHA, PCI DSS, KYC/AML, fraud rules, risk modeling, regulatory audits, M&A/diligence prep.

Product & strategy: Payment orchestration, payment facilitation (PayFac), embedded payments, money movement, prepaid & issuing, reconciliation, 0→1 launches, P&L ownership, fix-vs-buy evaluation.

Leadership: Cross-functional org building (5–25 people), PE/board engagement, executive presentation.

Education

Ph.D., Business Strategy & Innovation, Capella University2020

Dissertation: Value co-creation and customer involvement in product development. ProQuest · Google Scholar

MBA, General Management, Saint Mary's College of California2014

B.Sc., Physics, University of Mumbai1997