# Tom Durovsik

> Tom Durovsik is the Philadelphia-based founder and CEO of FreedomPay, established in 2000. His earlier career included product marketing at Pepsi Cola and the presidency of the Franklin Mint. At FreedomPay, he has overseen a progression from early mobile-payment experiments and contactless food-service systems to a global commerce platform connecting payment providers, devices and transaction data.

- **Role:** Founder and CEO at FreedomPay
- **Organizations:** FreedomPay, Pepsi Cola, The Franklin Mint
- **Education:** BA, Drew University, MBA, George Washington University
- **Known for:** Founded FreedomPay in 2000 and continues to serve as CEO., His career biography credits his Franklin Mint leadership with annual sales growth from $150 million to more than $1 billion and marketing expansion to 35 countries., Led FreedomPay through its 2018 investment partnership with TPG.

## Career timeline

- **—** — Served as Product Director at Pepsi Cola, focused on marketing and new product development.
- **—** — Served as President and minority equity partner at the Franklin Mint.
- **2000** — Founded FreedomPay.
- **2004** — FreedomPay developed stored-value and voucher payments for food service; August reporting recorded more than 200 deployments.
- **2007** — FreedomPay introduced its cloud platform and incentives capabilities.
- **2009** — FreedomPay expanded mobile platform capabilities.
- **2010** — FreedomPay provided prefunded Smart Bracelets and a payment gateway for the National Scout Jamboree.
- **2017** — FreedomPay moved 150 employees from Radnor to Philadelphia’s FMC Tower.
- **2018** — TPG announced an investment in FreedomPay; terms were undisclosed.
- **2025** — FreedomPay announced global partnerships with Verifone and Mastercard.
- **2026** — FreedomPay announced a Nuvei partnership, a Snowflake Marketplace offering and a new Atlanta office.

## Achievements

- Founded FreedomPay in 2000 and continues to serve as CEO.
- His career biography credits his Franklin Mint leadership with annual sales growth from $150 million to more than $1 billion and marketing expansion to 35 countries.
- Led FreedomPay through its 2018 investment partnership with TPG.

## Latest updates

- **2026-10** — FreedomPay announced a new Atlanta office on October 5 to strengthen access to payments talent and support technology development.
- **2026-09** — FreedomPay launched its commerce-intelligence offering on Snowflake Marketplace on September 9.
- **2026-01** — FreedomPay and Nuvei announced an enterprise payments partnership on January 7.

## Links

- Website: https://corporate.freedompay.com/
- LinkedIn: https://www.linkedin.com/in/tomdurovsik

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Profile page: https://yespress.io/tom-durovsik
Published by YesPress — https://yespress.io
Last updated: 2026-10-22