Oxygen Finance has named Mark Hoffman as Global chief executive officer to lead its revolutionary business-to-business (B2B) payments network worldwide.
Hoffman worked as co-founder of Sybase, one of the biggest software firms, and as chief executive of Commerce One wherein he also took the role as president and founder.
Oxygen offers opportunity to corporate and public sector organizations to deliver Early Payment to suppliers in exchange for a rebate, basing on the transformational core principle in which the greatest untapped asset of an organization is considered to be spending.
On the other hand, Hoffman was quoted describing Oxygen as the most exciting proposition he has seen because of its strong fundamental principle for supplier-buyer relationship.
Meanwhile, David Brown, Oxygen's founder, disclosed that he and Hoffman used to work with each other at Commerce One and believes that they would benefit from Hoffman's experience in positioning companies globally.
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