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, decision and learning 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

Part of the product leadership team working across research, decision and learning software (NVivo, ATLAS.ti, Citavi, XLSTAT, @RISK, Predict!, SharpCloud, Experiential Learning Cloud), PE-backed and assembled from several acquisitions. Building the research platform for the AI era across the product lines.

Domavant Holdings LLC

Feb 2026 – Present

Founder · Self-employed

Vertical software for nonprofit and community organizations, with payments designed in from the start. Lead product and build the platform end to end, using AI-native development.
DuesSync: membership dues and payments for fraternal organizations on Stripe Connect; card fees passed through at cost, no platform markup. Live with pilot customers.
Nave.live: multi-tenant operations platform for parishes; multilingual member portal and staff back office. In pilot.
SundaySquares.org: charitable raffle platform for nonprofits, designed around California raffle law; no money moves through the platform. Live for the 2026 season.

Canary Technologies

Jun 2025 – Feb 2026

Product Lead, Global Payments

Grew the payments business ~30% across three products: Digital Authorizations (wedge), Payment Links (new), and Digital Contracts (relaunched). Launched Canary AI Contracts with Canary’s first 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 the long-range scale-up plan for Payments covering unit economics, enterprise expansion, and PSP tiering. Canary chose to prioritize AI products for hotels; the role concluded by mutual agreement.

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 newly acquired money-movement platform, and to answer a build-or-buy question on PE timelines.
Ran build-or-buy paths in parallel; recommended and delivered fix over replace, avoiding the time and cost of a new build; 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, a mature wedge product.
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 large US banks and credit unions). Together added 5–8% gross revenue on a mature book.

Payrix · acquired by FIS/Worldpay

Sep 2020 – Sep 2021

VP Product, Payment Facilitation

Recruited by PE investors to lead product through next-stage growth. Built multi-processor framework adding Fiserv/Wells Fargo alongside existing FIS/TD Bank, adding growth headroom and removing concentration risk.
Built end-to-end reconciliation matching platform dollars against bank and card-brand settlement. Scaled the product team from 5 to 15 and helped lead a full brand redesign. Helped grow projected run-rate revenue roughly fivefold. Later 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, an early building block of RPGN (Rapyd Global Payments Network), which grew to 60+ APMs and 1,000+ payment methods.
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; built the product org across SFO, Tel Aviv, and Singapore.

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%. Led the product team.

PayPal

Apr 2012 – Apr 2017

Product Leader, Global Core Payments

Shipped the first PayPal Card with The Home Depot, one of PayPal’s first in-store rollouts. 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 Engineer (Prepaid Card Network)

Built and managed the high-capacity payment processing engine sustaining ~2,700 TPS, carrying the prepaid network through holiday-season peaks.
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