Jim Haug, Director of Kotapay & Trent Sorbe, FIBT Chief Payments Officer | Kotapay, Powered by First International Bank & Trust
Kotapay, Powered by First International Bank & Trust, specializes in electronic payment solutions for your business. For 30 years, Kotapay has offered streamlined electronic payment solutions for accounts payable and payroll, reliable solutions for payment collections, and a wide array of products and services that offer secure ways to manage your business’s cash flow.
Recently, FIBT welcomed Trent Sorbe to the executive team, as FIBT’s first Chief Payments Officer. Trent brings 30 years of banking and financial technology experience, most of which has come in the Sioux Falls area. Trent will apply this experience to leading both Kotapay and FIBT’s payment card divisions, with a particular focus on expansion into new forms of payment innovation, including real-time payments, consumer-focused cardbased payments, and virtual/mobile payments—both locally and nationally
First International Bank & Trust (FIBT) acquired Kotapay in 2018, and the company will celebrate its 30th anniversary in 2023. The name Kotapay was chosen based on FIBT’s connection to the Dakotas and their sense of pride in the Northern Prairie