Beam Solutions was founded by industry veterans with deep experience in compliance, regulatory affairs, machine learning, and data.  The company is supported by an experienced group of directors, advisors and investors.  We’re venture-backed, located in the San Francisco Bay Area, and growing. Check out our jobs page if you’re interested in joining us as we tackle some really interesting high-impact problems.

 

Leadership Team

Co-Founder, CEO

Ben Duranske

Ben is a fintech compliance and product leader with deep experience across the financial services, regulatory, and technology industries. Before co-founding Beam, Ben served as Chief Compliance Officer of Facebook Payments from the subsidiary's 2010 formation through mid-2015. While at Facebook, Ben built a global compliance team, managed worldwide licenses and regulator relationships, and directed internal compliance software builds and external compliance software requisition.
 Prior to Facebook, Ben worked at PayPal, and before that, he represented payments and platform companies in private practice as an attorney. Ben has also consulted with and served on the Boards of Directors of several fintechs, including startups and established companies, and taught classes at Santa Clara Law. He earned his J.D. at the University of California Berkeley, Boalt Hall.

Co-Founder, CTO

Andreas Bayer

Andreas is an industry expert in online payments compliance and a technology leader with over 20 years of experience delivering unique and creative software solutions for the financial industry. Andreas previously worked at PayPal where he provided technical leadership to the Xoom risk engineering team integrating into PayPal’s global risk environment. Prior to PayPal, he formed the team which designed and built Xoom’s proprietary fraud detection and regulatory compliance ecosystem from the ground up. Before Xoom, Andreas worked as open source developer and enterprise lead developer at MuleSoft and CollabNet. Further, Andreas taught advanced software design at UCSC Silicon Valley Extension for 14 years. Andreas received his B.Sc. in Computer Science from Dortmund University of Applied Sciences and Arts, Germany.

Member, Board of Directors

Benjamin Lawsky

Benjamin has over 20 years experience spanning every branch of government, at both the federal and state levels. He is currently CEO of The Lawsky Group, and also a Visiting Scholar at Stanford University’s Cyber Initiative. He previously served as New York State’s Superintendent of Financial Services from 2011-2015. Prior to that he was Governor Andrew Cuomo’s Chief of Staff, Prior to that, he served in a top position in the New York State Attorney General’s office and spent more than five years as an Assistant United States Attorney in the Southern District of New York. Mr. Lawsky is a graduate of Columbia Law School and Columbia College.

Member, Board of Directors

Michael Gilroy

Michael is a venture investor with Canaan Partners in San Francisco. Canaan is a $5 billion AUM venture firm investing out of its eleventh fund of $800 million. Michael invests in companies across fintech and enterprise software and is a Board Director with Beam Solutions and Hugo. He is also a Board Observer with Rocketrip, Bellhops, Emissary and Arbor. He was previously an M&A and Private Capital advisor to growth stage technology companies with well over $2 billion in transaction value. Michael received his B.A. in Economics from University of California, Berkeley.

Member, Board of Directors

Kathy Chan

Kathy Chan is an entrepreneur, startup advisor and investor. Previously, she was an operating partner at Khosla Ventures, a leading Silicon Valley venture fund. In 2010, Kathy co-founded growth-stage investment firm, 137 Ventures whose investments include SpaceX, Spotify, and Eventbrite. She started the fund after having been an early Facebook employee, where she worked closely with the company’s executive, engineering, and business teams to develop key messages about the Facebook’s products and corporate strategy. Earlier in her career, Kathy led Senator Bob Casey’s successful bid to defeat Rick Santorum and was the director of operations for John Kerry’s 2004 presidential campaign in Pennsylvania. She has received two POLLIE awards for direct marketing from the American Association of Political Consultants (AAPC). Since 2008, Kathy has been a senior advisor to South by Southwest (SXSW), an annual Austin-based technology conference known for jump-starting entrepreneurs and companies.

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Member, Advisory Board

Troy Paredes

Troy A. Paredes is the founder of the Paredes Strategies LLC consulting firm. From 2008-2013, Troy was a Commissioner at the U.S. Securities and Exchange Commission, serving throughout the financial crisis and its aftermath. Currently, Troy advises on financial regulation, compliance, risk management, corporate governance, and dispute resolution. He has brought his government, compliance, and regulatory experience to bear in serving as an independent compliance consultant/monitor. Before becoming an SEC Commissioner, Troy was a professor of law at Washington University in St. Louis. Troy serves as an advisor to various businesses, and has served on the board of directors at other companies. Troy holds a bachelor’s degree in economics from UC Berkeley and earned his J.D. from Yale Law School.

Member, Advisory Board

Rich Aberman

Rich Aberman is co-founder and Chief Strategy Officer of WePay, an industry-leading provider of integrated payments processing to over 1000 platforms. WePay was acquired by J.P. Morgan Chase in 2017. As a graduate of the startup accelerator Y Combinator who took his company from founding to acquisition, Rich brings Beam's leadership team a wealth of founder-level experience and knowledge. Rich also brings deep expertise in risk management and the intersection of payments and technology. Rich earned a B.A. in Political Science, Economics, and Philosophy from Boston College.

Member, Advisory Board

John McCarthy

John McCarthy has been involved in the national security, law enforcement, and compliance fields for more than two decades. John is currently Head of Bank Secrecy Act (BSA) Operations and Deputy Bank Secrecy Act Officer at Bank of the West-BNP Paribas. He was formerly Chief Compliance Officer at Airbnb. Prior to joining Airbnb, he was executive Vice President at Citigroup and managed Global AML Operations Standards and Training. John also managed Latin American AML Operations at Citigroup and was Senior Vice President and Director of Financial Intelligence at Union Bank, in San Francisco, California. John holds a Master of Arts degree in Organizational Leadership at Gonzaga University. John is actively involved in Veterans causes and is a proud graduate of the United States Army's Infantry School and John F. Kennedy Special Warfare Center and School.

Member, Advisory Board

Todd Beauchamp

Todd is a partner at Latham & Watkins LLP and serves as Chair of the firm's global Payments & Emerging Financial Services practice. His practice is focused on the representation of financial institutions, non-bank financial services companies and technology companies in a wide variety of domestic and international regulatory and transactional matters. He has extensive experience in the development of new financial services and fintech offerings, including those involving deposit accounts, stored value accounts, electronic payments, virtual currencies, money transmission and credit, regularly advises clients on a wide range of state, federal and foreign regulatory issues and legislative developments, and represents clients before numerous state and federal financial services regulatory agencies.

Member, Advisory Board

Scott Benson

Scott Benson is a seasoned operations professional and regulatory compliance specialist with more than 20 years financial services experience building, managing, and maintaining compliance programs for regulated entities. Scott helps focuses on fintech, regtech, insuretech, blockchain and cyroptocurrency companies navigate the complex regulatory worlds of privacy, anti-fraud, anti-bribery and corruption, business continuity, anti-money laundering and sanctions. Scott has held senior level compliance and operations roles at numerous banks, broker dealers and insurance companies including Citigroup, Merrill Lynch and Co., Northwestern Mutual Investment Services, RBC Wealth Management and MetLife Securities and served as a Senior Examiner with the Financial Industry Regulatory Authority (FINRA). Scott is a graduate of Upsala College and a member of both the Association of Certified Anti-Money Laundering Specialists (ACAMS) and Association of Certified Fraud Examiners (ACFE).