The privacy of your data is a top priority of APiO, Inc. and its related companies (“us” or “APiO”).
Personal Information is information which can be used to identify an individual. Business Information is information that relates to the business that you register on the site to gain access to the Services. We collect your Information any time the Services are used. The Information collected includes information provided to us directly by you and by merchants or financial institutions. The collection of your Information is necessary for use of the Services. This Information includes, among other things:
We also collect or compile other information about you (such as enrollment numbers or demographic group information) which does not identify you. We may use or share any other information with third parties for any lawful purpose.
Our use of your Information varies based on your relationship with APiO. APiO primarily uses the Information to provide the Services and related features, including to:
We will only share your Information as described in this policy. Specifically, we may share your Information:
Please note that any information posted to public areas such as on our social media pages may be seen by other visitors.
APiO uses commercially reasonable physical, managerial, and technical safeguards to preserve the integrity and security of your Information. We cannot, however, ensure or warrant the security of any information you transmit to APiO or guarantee that your Information on the Service may not be accessed, disclosed, altered or destroyed by breach of any of our physical, technical, or managerial safeguards.
In the event that APiO becomes aware that your Information has been compromised as a result of a breach of security, APiO will promptly notify you as required by applicable law.
You can choose not to provide us your Information when you use our website(s) or mobile application(s). However if the information request is not identified as optional and you choose to not provide required your information, then you may not be able to use the features of the website or mobile application.
Users can opt out of receiving promotional email from APiO by following the unsubscribe link in those email messages. Users can opt out of receiving SMS text messages from APiO by replying STOP to any message.
You can configure your browser to reject cookies, or to notify it when a cookie is set. However, if you reject cookies, the Services may not operate properly.
APiO may be contacted at the email address at the bottom of this policy to request access to or that we update, or correct your Information collected by our Services. Please note, that consistent with applicable law, APiO may retain your Information for auditing purposes, to troubleshoot problems, assist with investigations, enforce our policies or comply with legal requirements. Please note that we are not responsible for permitting the review, or the updating or deleting your Information provided to a third party, including any mobile application, social media platform, or wireless service provider.
We are not an entity that is covered by the Health Insurance Portability and Accountability Act (HIPAA). The HIPAA privacy rules apply to health plans, health care clearinghouses or to healthcare provider who transmit health information in electronic form and to their service providers. This means that the Information that you provide to us is not protected by the HIPAA privacy rules and regulations. You may not submit or otherwise make available any protected health information (as that term is defined under HIPAA) to us.
We will retain your Information for the period necessary to fulfill the purposes outlined in this policy unless a longer retention period is required or permitted by applicable law or regulation.
California Civil Code Section 1798.83 permits our customers who are California residents to request certain information regarding our disclosure of Personal Information to third parties for their direct marketing purposes. To make such a request, please send an email to email@example.com. Please note that we are only required to respond to one request per customer each year.
The Services are not directed to individuals under the age of thirteen (13), and we request that these individuals do not provide your Information through the Services.
If you have questions or comments about our privacy practices, or if you want APiO to correct your Information that is stored on APiO systems, please submit your request in writing to:
2701 N. Thanksgiving Way
Lehi, UT 84043
Subject to our ability to verify your request, APiO will correct the information within thirty (30) days of receipt of your request.
This Privacy Statement was last updated October 2018.
Co-founder & CEO
“Every once in a while a new technology comes along that changes how business is done. APiO will forever change how financial services companies provision credit, extend working capital and manage risk. APiO’s technology will also bring dramatic changes to how SMBs understand their own credit profile and improve access to financial services and working capital.”
Mr. Borghetti is the co-founder and Chief Executive Officer of APiO. William coordinates with APiO’s management team, Board of Directors, partners and customers to create a clear, executable vision and ensure a company culture that recognizes and rewards performance.
William is the Chairman of Daffinity Technology Ventures, a technology venture firm and the creator of the PremiSync data integration technology. Previously, William was the co-founder and CEO of Title iO, Daffinity’s first operating subsidiary. Leveraging PremiSync, Title iO automates the title, escrow and mortgage lending industries. William was also the CEO of Sendside Networks, a secure communication and document delivery platform for financial services companies and was the founder, president and CTO of Campus Pipeline, a data integration platform for the higher education marketplace (sold to SunGard) that started as an idea and grew into a great company with more than 500 customers and 225 employees in three years.
William brings deep technical expertise in the areas of finance, information security, data integration, application development, UI/UX and early stage business building. William has also been seen successfully selling ice to Eskimos.
William was recognized by Utah Business Magazine as one of Utah’s Top 40 under 40 Entrepreneurs and has been regularly recognized as one of the state’s leading technology entrepreneurs.
William is an accomplished “big-wall” climber having scaled famous climbs including The Shield, Salathe’ Wall and the Nose on El Capitan, among other routes (Yosemite, CA).
William holds the record for the most PowerPoint slides used during an Investors Choice Conference presentation (112).
In the 12 Hours of Snowbird endurance ski race, William racked up ~116,000 vertical feet at night and without a headlamp.
On powder days, William can be found flying down the mountain or, when the weather’s cooperating, flying airplanes. William is an avid reader and enjoys backcountry skiing, mountain biking, climbing and fishing.
B.S. Finance – University of Utah
Senior Vice President of Sales
“Coming from Gartner, I’ve worked with and tracked a lot of rising tech stars. I helped usher in online banking mobile deposits and online account openings for the industry. APiO is addressing the next frontier: digital transformation of business credit and working capital.”
Mr. Penton, after leaving Gartner, spearheaded BankRadar and Pentonian. For 20+ years, he has invested and grown FinTechs such as Mitek, Bankers Systems (Wolters Kluwer) and Carreker (FIS) until acquisition.
During his career, he has touched and promoted just about every new technology embraced by banks and CU’s today such as: online banking, mobile deposits, mobile account opening, digital receipt management, etc.
Tom loves the outdoors and his favorite meeting is on a chairlift. Don’t have to twist his arm too hard to go skiing/boarding, biking or hiking.
Bachelor of Science in International Business – St. Cloud University
Vice President of Engineering
Mr. Lewis oversees the management of APiO’s technical team and product development life cycles.
Mr. Lewis oversees the management of APiO’s technical team, product development lifecycles and technical team development.
Mr. Lewis is the former Director of mobile development for Ancestry.com. He has held senior software architecture and technology management roles for Zions Bank, Wells Fargo, Choice Hotels, and Deseret Digital Media. Scott brings to APiO deep technical expertise in the areas of software development, project management, mobile application development, banking and credit management.
Scott has more than 20 years of experience of technology development in business and retail banking. During his career, he has brought to market a broad array of new products ranging from interactive loan applications to fraud detection algorithms.
Scott loves all things Italian, and love to ski in the winter and wake board in the summer and go anywhere with his family.
Scott was one of engineers on the Iridium project (Telecommunication Satellites by Motorola). As such, he was involved in the early testing and was one of the the first people in the world to make a satellite phone call on the new network.
Electrical & Computer Engineering – Brigham Young University
Vice President of Finance & Operations
“Small and medium-sized businesses are the engine of the economy, but mainstream financial services providers struggle to deliver fuel into that engine reliably and cost-effectively. At APiO, that’s our calling and our passion… because when that engine is humming… everyone wins!”
Todd is responsible for the development and operation of the APiO Marketplace that matches rated invoice assets with investor portfolios.
Mr. Wakefield is a seasoned entrepreneur and executive with extensive experience at the intersections of data, legal and technology. Most recently, he managed 150 professionals on 12 litigation teams for a technology-driven law firm. Previously, he co-founded and served as CEO of Attensity Corporation, a data analysis software venture, that provided solutions to the CIA, NSA, FBI and many Fortune 500 companies.
Todd excels at helping teams apply new technologies to high value business problems. He has founded, funded and successfully run two venture-backed technology companies.
Todd is the principal inventor on 6 U.S. software patents in a new field known as “text analytics.”
Although never fully and independently substantiated, Todd proudly claims to be a descendant of Toll House Cookie inventor, Ruth Wakefield.
Todd enjoys chasing his 4 kids down all types of ski terrain in all kinds of conditions. He also loves almost all types of music (listening more than playing these days).
Bachelor of Science (Honors) – University of Utah | JD – University of Utah – College of Law