ZenCash: $250M In Invoices, 1,000 Customers, New COO

Dallas-based ZenCash, the startup which operates a service to help small businesses and freelancers manage their payments and invoicing, said today that it has just passed the $250M dollar mark in terms of invoices it is managing, and has added nearly 1,000 customers in its first year. Among with the milestones, the company also said it has added Elaine O'Gorman as President and Chief Operating Officer. O'Gorman joins the company from The Receivables Exchange, and also has served at such companies at American Airlines and Silverpop. ZenCash's cloud-based services helps manage accounts receivables.