Executive Team


Jim Collas

President and CEO

Mr. Collas has over twenty-five years of senior executive experience in the computer industry, the prepaid card sector and consumer markets. Prior to OnBudget, he was the co-founder and CEO of BillMyParents, Inc., an award winning prepaid card issuer targeted at the parent/teen market. Mr. Collas has built and managed organizations of over 2,000 employees, led the development of hundreds of consumer products and services accounting for over $28B in worldwide revenues and secured over $50M in early stage financing across several ventures. Between 1992 and 1999, Mr. Collas was a senior executive at Gateway Computers, playing a key role in growing the company from $600 million to over $8 billion in revenues. He was also part of the executive team that took Gateway public. During his last three years at Gateway, Mr. Collas was CTO and Senior Vice President in charge of worldwide product strategy, product development and product management.


Jeffrey Hall


Mr. Hall’s experience encompasses over 20 years in business operations, business planning, organizational development, systems design and implementation, account and program management and process improvement. He has extensive knowledge of eCommerce, retail, prepaid cards and telecommunications. Mr. Hall led comprehensive operational teams for Sprint Telecommunications, Mid American Energy, Red Envelope and ProFlowers. At ProFlowers he streamlined sales operations through system automation and established the account management program for key accounts and co-branded partners. He was instrumental in securing large customers including Kroger, Albertsons, MasterCard, American Express and Martha Stewart Flowers. Mr. Hall led all operations at BillMyParents including technology, service operations and program management.


Jonathan Shultz

Chief Financial Officer

Mr. Shultz has over twenty-five years of experience in public accounting and as CFO of several public and private firms. Prior to OnBudget he was Chief Financial Officer, Secretary and Treasurer of BillMyParents, Inc. Mr. Shultz has also been a financial consultant, CFO, and CIO for several California companies including Neology, Inc., California Clinical Trials, Aurora Electronics, Inc. and Asset Recovery Concepts. He began his professional career in public accounting where he worked for seven years in the Audit and Attest Practice (most recently as a Manager) with Ernst & Young, specializing in computer technologies. Mr. Shultz has extensive international experience having worked in Mexico and Brazil with three firms and speaks four languages. He possesses Bachelors in Accounting and Masters in Finance degrees from San Diego State University and is a Certified Public Accountant, Certified Management Accountant, and a Certified Financial Manager.


Jeff Margileth

Chief Technology Officer

Mr. Margileth has over 15 years of software architecture and web application design experience.  He has extensive financial experience and is the chief architect of the BillMyParents platform.  He has architected solutions for or had architectural advisory roles for clients including Sony, AT&T, Socialwise, Beverages & More, and Kuehne & Nagel. Mr. Margileth is a proven project manager and technology architect with a history of successful Data Integration projects and a deep understanding of business processes.


Mike Corrales

Vice President of Marketing

Mr. Corrales has over 15 years’ experience launching successful web applications and designing high-growth, profitable Internet marketing strategies around them. He has headed marketing strategy for payments industry companies including BillMyParents and Intuit. He also led the Marketing and partnership development for technology start-ups including: Greenest Host (cloud IT services), Nirvanix (enterprise cloud storage) and Proflowers (ecommerce.) He is a graduate of the University of San Diego and the Strategic Marketing Management Program at Columbia University. Most recently, he also completed the MIT Sloan School of Management's Executive Program in Strategy and Innovation.


Gene Kirby

Business Development

Mr. Kirby has over 29 years of experience in the industry having served in multiple roles across retail banking, commercial banking, marketing and executive management.  Prior to forming his consulting firm Mr. Kirby was President of NewAlliance Bank in New Haven, CT where he was responsible for all  lines of business within the company.   Prior to joining NewAlliance, he was with SunTrust Bank in Atlanta, GA where he was Corporate Executive Vice President responsible for the retail line of business, the commercial line of business, consumer product management, call center operations and corporate marketing. Mr. Kirby is a former Chairman of the Consumer Bankers Association, active across the financial services industry and involved with multiple charitable and community organizations. He is a graduate of Virginia Tech and received his MBA from Duke University.