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NMI Expands Executive Team to Support Next Growth Phase

New NMI executive team hires and promotions

Unified Commerce Enablement Company Strengthens Market Position and Readies for Continued Expansion

ROSELLE, Ill., April 23, 2019 – NMI, the unified commerce enablement company, today announced it has appointed three new executives who are expected to play a significant role in the company’s planned growth for 2019 and beyond:

  • Jennifer Sherman has been named senior vice president of product. In her new role, she will play a significant part in creating a vision and roadmap for NMI’s current and next-generation solutions designed to empower unified commerce. Sherman, a 20-year industry veteran, received bachelor’s and master’s degrees from Stanford University. She has enterprise software product management leadership experience from companies such as Oracle, Aptean, NAVEX Global and Kibo Software.
  • Kate Hampton has been appointed vice president of product and general manager of NMI’s U.K. operations. Hampton will head the U.K. product team and serve as lead for the Bristol office. Hampton brings more than ten years of extensive payments expertise from Global Payments, Accelerated Payment Technologies and Entrata. During her time at Entrata, she expanded the payments function and implemented the payment facilitation model, growing payments into a top offering.
  • TJ Fund has been appointed senior vice president and general counsel, and will oversee all legal affairs and mergers and acquisitions activity for NMI. Fund brings a wealth of experience to NMI from OpenEdge, Global Payments’ integrated payments business division, where he spent eight years working closely with company leadership to help achieve strategic objectives. Fund has also worked in both private equity-backed and public company environments as a lawyer and strategy consultant.

In addition to these new hires, long-time NMI executive Nick Starai has moved to the role of chief strategy officer. Starai has been instrumental in building and growing the business over the past 15 years. In his new role, Starai will be heavily focused on the strategic direction of the company, mergers and acquisitions activities, new markets, key verticals and additional channels, as well as addressing the needs of NMI’s enterprise clients and supporting overall partner success.

“These executive appointments strategically align with the next phase of NMI’s remarkable growth plan,” said NMI CEO Vijay Sondhi. “Having easily surpassed milestones for number of partners, transaction volume, supported devices and more, NMI will continue to expand its team, solution set and geographic reach to extend its lead as the preeminent provider of unified commerce, payment gateway, white label services and payment facilitation.”

Parties interested in joining the NMI team or learning more about NMI’s unified commerce enablement platform are invited to visit the new NMI during the upcoming Electronic Transactions Association’s TRANSACT conference in Las Vegas on April 29 to May 2 at booth 1915, or may email

About NMI

NMI is driving transformation in the payment industry through the power of unified commerce enablement. By unifying every point of payment to deliver one view of the customer, NMI is enabling thousands of ISVs, ISOs and fintech innovators to finally break free from today’s payment crunch and unleash new sources of value to achieve disruptive results. Processing more than $50 billion in payments a year, NMI is the driving force behind more than 1,200 technology partners and 127,000 merchants across retail, transportation, hospitality, medical, non-profit, parking, and vending verticals who are shifting to a new unified commerce strategy to put their business first, gain new value and deliver a superior merchant and consumer experiences. For more information, please visit or follow us on Twitter, LinkedIn, Instagram and Facebook.

NMI Team