Bold Commerce brings in retail technology veteran Peter Karpas as CEO

Bold Commerce, a US-based firm that powers tailored checkout and subscription experiences for omnichannel retailers and DTC brands, has announced the appointment of Peter Karpas as Chief Executive Officer. 

Karpas joins with over three decades of experience in e-commerce, payments and FinTech at the likes of PayPal, Intuit and First Data (now Fiserv).

He succeeds Co-Founder Yvan Boisjoli, who will focus full-time on guiding business development and strategic partnerships for the company. 

“Retailers and brands want more from their e-commerce platforms as they pivot to meet the demands of today’s anywhere commerce customers, and checkout is a huge untapped opportunity for improvement. Bold offers a toolkit to convert more shoppers in more places–all without having to replatform,” says Karpas.

“It’s an exciting time to join the company, as we empower retailers to solve for checkout abandonment and launch new sales channels to reach more shoppers and drive revenue.” 

“Peter has dedicated his career to working with clients and partners in the payments and commerce space. He brings a great track record of innovation to Bold and is aligned in the view that best of breed solutions are key to evolving technology stacks,” says Boisjoli.

“I’m looking forward to working side-by-side with him as we lead Bold into this next chapter bringing a new era of checkout experiences to the industry.”

In his recent role as SVP, Global Head of Small and Medium Business (SMB) Products at First Data (now Fiserv), Karpas led the company’s SMB Product team.

As VP and General Manager of North America SMB at PayPal, Karpas oversaw the company’s largest, multi-billion dollar business.

He has also held various leadership positions at Intuit, where he ran the Quicken business and helped launch new solutions including QuickBooks Premier and Quicken Health in his ten-year tenure.