Renovite Technologies


Renovite Technologies is a 21st-century payment product organisation founded by payment experts. We offer a portfolio of innovative software products and services for mission critical payment systems which have been designed to meet the requirements of organisations in the global financial services sector.

We develop and deliver business solutions based on proven frameworks with proven technology and tailored to evolve with the customer ecosystem under the ethos of: ‘Continuous Development; Continuous Delivery’.

Our global team of payments experts has a proven track record of delivering and managing innovative solutions in electronic payments across the world. Currently, we have a presence across the Americas, Europe, and India where we support and deliver mission-critical payment systems.

With an average of 25-years’ experience working on leading-edge solutions in the payments domain, our team is highly experienced and have a proven track record of delivering and managing innovative solutions worldwide.

While every market is well supplied with companies that follow the market to offer competing solutions in established domains, our leadership team has differentiated itself by leading the technology wave across domains.

We have demonstrated a historical capability to identify emerging market needs left unsatisfied by legacy and “me too” suppliers. Our core competency is the satisfaction of those leading-edge requirements through the deployment of a leading-edge technology coupled with a client-focused, 21st-century delivery model.

Viren Rana, chief executive

Viren Rana, a technology veteran and CEO of Renovite Technologies, has rich experience of the payments domain. He is an expert in the delivery of technology change for payments providers. Prior to Renovite, he held executive leadership roles at Clear2Pay. Viren was also founder CEO of ISTS Worldwide, a global payment technology solution provider which was acquired by Clear2Pay in 2011. Viren is also an investor in half dozen technology startups across the globe.

He is a Graduate of Shivaji University in Kolhapur with a bachelor’s degree in computer science. He also has a master’s degree in business administration from the California State University, East Bay.


Jim Tomaney, chief operating officer

Jim Tomaney has more than 30-years’ experience building, delivering, marketing and selling enterprise payments solutions and associated services for the transaction processing industry across the world. He has worked in a variety of senior roles delivering solutions for organizations including Barclays, ING, CIBC, Bank Of America, ABN AMRO & Vocalink.

Following a career with ACI Worldwide, Wincor Nixdorf, Level Four Software and Barclays Bank, Jim ran his own consulting business, Q-ATM Ltd, for 7 years. Q-ATM clients included technology providers, banks, sourcing companies and transaction processors. In 2017, Q-ATM was acquired by Renovite.


David Smith, VP of Marketing and Product Management

David Smith has over 25 years’ experience working in the card and payments industry. He has significant experience and knowledge of marketing, innovation and the delivery of new payment products, having worked with a number of global payment organisations throughout his career. These include: ICL Financial Services, ACI Worldwide, BHMI, FSS, Auriga, and latterly, Renovite Technologies Inc. David’s interests and specialisms include: cloud-native technology, payments technology and innovation; application lifecycle management; test automation; and ATM solutions.

Matt Scott, chief technology officer

Matt Scott has worked within the Cards and Payments Industry for the last 15-years in a variety of roles across acquiring, issuing and core banking domains, on projects throughout Europe, Africa, Asia, Australia and North America.

After starting his career in the merchant acquiring division at Barclaycard, Matt has also held roles at: Barclays Bank; ACI Worldwide; Wincor Nixdorf (now Diebold Nixdorf); and NCR Corporation. In June 2017 Matt joined Renovite Technologies Inc as Chief Technology Officer.


Sarita Arora, VP finance

A value driven Chartered Accountant and Company Secretary by profession, Sarita has significant knowledge and experience in business and corporate finance.

Prior to Renovite, Sarita served at Clear2Pay India (which was later acquired by FIS) as Finance Head. She played a key role in establishing the processes and managing the finances of the company. Her contributions at TSYS as a finance associate, played an integral part towards strengthening the company’s financial processes.


Richard Launder, Management Advisor

Richard Launder has 30 years of experience in senior management roles in retail payments. From 1989 to 2007 he was VP of EMEA for ACI and was then SNR VP of Global Operations until he left in 2009. Since that time Richard has served on a number of Boards of companies in the retail payments space in UK, Germany, France, Italy and India. He currently sits on 3 other boards, in addition to Renovite.

Richard brings to Renovite a wealth of experience in growing and developing payments companies internationally. Specifically helping in sales and marketing, distribution routes internationally, partnerships and acquisitions.


  • Funding Stage Self-funded
  • Trading for 1-5 years
  • Employees 100-200
  • Sector Payments
  • Valuation N/A

Get in touch