# Zach Hyman

> Zach Hyman is the San Francisco Bay Area payments entrepreneur who co-founded SpotOn with his twin brother Matt Hyman and Doron Friedman. SpotOn lists him as co-founder and co-CEO. His earlier businesses include CardPayment Solutions and Central Payment; his work at SpotOn combines restaurant software, payment processing and customer support.

- **Role:** Co-Founder and Co-CEO at SpotOn
- **Organizations:** SpotOn, Central Payment, CardPayment Solutions
- **Known for:** Co-founded three payments and merchant-technology businesses with Matt Hyman., Helped build Central Payment, which its transaction adviser described in 2018 as serving nearly 80,000 businesses and processing over $10 billion in annual credit-card sales., Co-led SpotOn through its May 2022 Series F financing.

## Career timeline

- **2000** — Started CardPayment Solutions with twin brother Matt Hyman.
- **2001** — Zachary Hyman, Matthew Hyman and Productive Marketing settled FTC charges involving auction-information guides; the settlement included consumer redress and restrictions and was not an admission of a law violation.
- **2003** — The brothers sold CardPayment Solutions to iPayment, according to a 2020 interview.
- **2005** — Co-founded Central Payment.
- **2011** — Began exploring loyalty software alongside the payments business, according to his later account.
- **2017** — Co-founded SpotOn with Matt Hyman and Doron Friedman.
- **2018** — The brothers exited their final Central Payment stake at an $840 million company valuation; an initial $20 million SpotOn investment led by the brothers was announced in April.
- **2021** — SpotOn raised a $125 million Series D and a $300 million Series E; the latter supported its Appetize acquisition.
- **2022** — SpotOn announced $300 million in Series F funding at a $3.6 billion valuation.
- **2023** — SpotOn agreed to sell its sports and entertainment business to Shift4 while retaining selected assets for its restaurant business.

## Achievements

- Co-founded three payments and merchant-technology businesses with Matt Hyman.
- Helped build Central Payment, which its transaction adviser described in 2018 as serving nearly 80,000 businesses and processing over $10 billion in annual credit-card sales.
- Co-led SpotOn through its May 2022 Series F financing.

## Latest updates

- **2026-04** — SpotOn launched Rapid Fund, advertising card deposits in under 30 minutes for a 0.2% fee per deposit, and announced a Parafin partnership for SpotOn Capital.
- **2026-06** — SpotOn opened Profit AI beta access on June 2, with general availability planned by year-end 2026.
- **2026-07** — SpotOn reported record Q2 sales, new customer signings and installations in its July 27 release; these are company-reported results.

## Links

- Website: https://www.spoton.com/blog/author/zach/
- LinkedIn: https://www.linkedin.com/in/zachary-hyman-4a89b222

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Profile page: https://yespress.io/zach-hyman
Published by YesPress — https://yespress.io
Last updated: 2026-10-20