Flint Lane
American entrepreneur and sports executive
From Wikipedia, the free encyclopedia
Flint Lane is an American entrepreneur and the founder, CEO, and commissioner of Major League Table Tennis (MLTT). He founded and served as the chief executive officer of Billtrust, a company specializing in accounts receivable automation, before establishing MLTT as the first professional table tennis league in the United States in 2023.[1]
Flint Lane | |
|---|---|
| Born | 1966 (age 59–60) Shoreham, New York, U.S. |
| Education | Rensselaer Polytechnic Institute (BS) |
| Occupations | Entrepreneur, sports executive |
| Known for | Founder of Billtrust and Major League Table Tennis |
| Title | CEO and Commissioner of MLTT |
| Spouse | Kathy Lane |
| Children | 3 |
Early life and education
Lane, along with his two brothers, grew up in Shoreham, New York.[2] He graduated from Shoreham-Wading River High School in 1984. Lane attended Rensselaer Polytechnic Institute (RPI) in Troy, New York, where he earned a Bachelor of Science in Computer Science in 1988.[3] Prior to his career as an entrepreneur, he held roles at firms including Accenture, BrownStone Solutions, Platinum Technology, and Logic Works.
Career
Financial technology
In 1998, Lane began his entrepreneurial career in fintech by founding Paytrust, a consumer electronic bill payment service. The company was acquired by Metavante Corporation in 2002.[4][5]
In 2001, Lane founded Billtrust (originally Factor Systems) in Lawrenceville, New Jersey.[6] He served as Chairman and CEO for over 20 years, overseeing the company’s focus on B2B commerce solutions and accounts receivable automation. Lane led Billtrust through several rounds of venture capital funding and a 2021 NASDAQ debut (ticker: BTRS) via a SPAC merger with South Mountain Merger Corp.[7] Following the acquisition of Billtrust by EQT Partners in September 2022, Lane remained CEO until December 19, 2022, when he was succeeded by Sunil Rajasekar and transitioned to a role on the board of directors.[8][9]
Major League Table Tennis
An avid table tennis player, Lane founded Major League Table Tennis (MLTT) in 2023.[10] Shortly after its launch, Major League Table Tennis was featured on ESPN8: The Ocho.[11] The league was established to bring professional table tennis to the United States, with Lane serving as its CEO and Commissioner.[12]
The league has attracted investment from professional athletes and international figures in the sport. Investors include NBA Hall of Famer Manu Ginóbili, who holds an ownership stake in the Florida Crocs, and Olympic medalist and professional table tennis player Dimitrij Ovtcharov, a co-owner of the Princeton Revolution.[13]
In addition to the league, Lane and his wife, Kathy, own and operate two professional table tennis centers: Princeton Pong in New Jersey and Naples Pong in Florida.[14]
Awards and recognition
Lane has received several industry honors for his leadership in financial technology and entrepreneurship. He was named one of the 25 Most Influential Financial Operations Professionals by the Institute of Financial Operations (IFO).[15] He is also a recipient of the Ernst & Young Entrepreneur Of The Year award and was recognized as the 2017 Technology CEO of the Year by the Greater Philadelphia Alliance for Capital and Technologies (PACT).
Under his leadership, Billtrust was named to the Deloitte Technology Fast 500 and maintained a consistent ranking on the Inc. 5000 list of fastest-growing private companies for multiple consecutive years.[16] Additionally, the company was recognized as one of the Best Places to Work in New Jersey for ten consecutive years.[17]