# Elavon

Elavon is an Asset Manager based in Atlanta, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Assets under management:** Undisclosed
- **Website:** elavon.com
- **LinkedIn:** https://www.linkedin.com/company/elavon-inc

## Regulatory record

- **Reports private funds:** No

## About

Provide first-rate experiences to customers by using Elavon merchant services. Accept payments securely and efficiently with our powerful payment processing solutions.

## Sectors

- FinTech
- Enterprise Software
- Private Credit

## Offices

- London, United Kingdom

## People

- Wally Mlynarski — EVP, Head of Merchant Payment Services
- Hemlata Narasimhan — President, Elavon Europe
- Pari Sawant — Chief Product Officer
- Jordan Owen — Head of Merchant Business Banking
- Paul Sari — Head of Partner Revenue
- Shawn Holmes — Head of North America Marketing
- Danielle Balch — Head of Strategic Projects
- John Kelly — Head of Elavon POS Sales Enablement and Onboarding
- Kevin Troxell — Head of Acquiring Risk and Compliance
- Manny Cofresi Jr., CFA — Global Head of Strategy and Corporate Development
- Akash Dua — Chief Credit Officer, Elavon and Small Business Credit Cards
- Rob Grant — Head of Merchant Payment Services Global Operations
- Sebastian Paul — Head of Technology, North America
- Richie Walsh — SVP, Engineering

## Questions

### Who runs investment decisions at Elavon?

Investment decisions are made within U.S. Bank's broader corporate structure. Wally Mlynarski, as EVP and head of Merchant Payment Services, oversees Elavon's strategic direction and product investment. The firm does not have an external CIO or investment committee separate from U.S. Bank's leadership.

### How does Elavon generate revenue beyond payment processing?

Elavon sells payment gateways (Fusebox), point-of-sale hardware, and small-business funding through its Quick Capital product from Liberis. The funding product offers merchants daily-adjusted repayment tied to card sales — a form of revenue-based finance.

### Does Elavon participate in fund commitments or only direct deals?

Elavon does not make external fund commitments or independent direct investments. Its capital deployment is limited to internal product development, strategic partnerships (e.g., Liberis), and M&A executed through U.S. Bank's corporate development team.

### What geographies does Elavon operate in?

Elavon serves customers in over 36 countries, with confirmed offices in the United States (Atlanta HQ) and the United Kingdom (London). Its European operations, led by Hemlata Narasimhan, cover seven countries and 1,000 employees.

### How is Elavon related to U.S. Bank?

Elavon is the merchant payment services product line of U.S. Bank, which is itself the fifth-largest commercial bank in the U.S. by assets. The brand refresh in 2024 emphasized this relationship, positioning Elavon as a trusted, bank-backed alternative to standalone fintechs.

## Related profiles

- [Healthy Eyes Advantage](https://altss.com/profile/healthy-eyes-advantage)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/elavon-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology