As such, Mr. Johnson will be responsible for all financial and fiscal management aspects of company operations.

"It is with great excitement that I welcome such a respected and accomplished financial services industry veteran to the Obopay family," said Obopay CEO Carol L. Realini. "We will look to Dave's financial leadership and industry expertise to help guide the company as we continue to break new ground for mobile payments."

Dave Johnson's professional career spans 30 years in international financial services, which includes roles as chief operating and/or financial officer at PayPal, Inc., BancAmerica Securities; BankAmerica Europe, Middle East and Africa Group; and Washington Mutual Capital Corporation.

"Given the growing prevalence of today's mobile lifestyle, people need Obopay, which explains why it is finding such quick acceptance among consumers and industry leaders alike," said Dave Johnson, Obopay's newly-named chief financial officer. "By joining Obopay, I get the rare opportunity to help revolutionize the way people use their money."

Mr. Johnson served as Treasurer for the Town of Moraga and lectured in international finance at St. Mary's College. He serves on the Boards of several nonprofit organizations including New Connections, The San Francisco Bay Area Sports Hall of Fame and Youth Tennis Advantage. Mr. Johnson holds a MBA and a MS in Finance from the University of Southern California and a BA in Economics from the University of California, Santa Barbara.