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XERO'S MAIOCCO GOES TO PUSHPAY Featured

James Maiocco, PushPayJames Maiocco, credited with leading Xero's $110 million financing round in the United States, has joined PushPay as chief of business development. Maiocco was with Xero North America as GM of business and corporate development, a job he held from November 2014. Prior to that, he worked at Microsoft where he served as director of global partners from June 2010 through September 2012.

He was director of Microsoft Ventures from September 2012 through November 2014. Maiocco, who will be based out of Pushpay's Redmond, Wash., office, focuses on partnerships and business developments. Pushpay CEO Chris Heaslip said the new executive is an important part of effort to reach $72 million in annual committed monthly revenue before the end of next year. PushPay markets mobile apps the enable customers to make payments to registered merchants—at the moment primarily church and faith-based organizations. Like Xero, PushPay was founded in New Zealand.

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