Virtual Piggy Inc., an alternative payment provider for teens, announced three new members to its board of directors.

Its new board members are William Lyons, William Tobia and Harold Copperman, Virtual Piggy announced April 15. Lyons has been at the CEO level of companies such as AXS-ONE, Caminus Corp., ParcPlace Systems and Ashton-Tate, Virtual Piggy says. Tobia has been at the CFO level of companies such as Maxwell Systems. Copperman has 20 years of experience at IBM and has held senior management roles at Apple and Digital Equipment Corp.

"I am very excited that Mr. Lyons, Mr. Tobia and Mr. Copperman have agreed to join the Virtual Piggy board of directors as we enter this inflection point in our business," said Jo Webber, CEO and founder of Virtual Piggy, in a press release. "Their extensive experience combined with that of our existing board members will be extremely beneficial to us as we go through this period of rapid growth."

Virtual Piggy also announced this month that it hired Iain Herd, PayPal's former head of mobile partnerships, to direct and manage Virtual Piggy's mobile strategy.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry