Jared Isaacman – CEO of Harbortouch and Aviation Enthusiast

By Nicole Plati

Posted: 06/15/2012

June 2012 JerseyMan of the Month

Jared Isaacman

Jared Isaacman is the founder and CEO of Harbortouch, a premier payment processing organization based out of Allentown, Pennsylvania. A graduate of Embry Riddle Aeronautical University, he is considered to be one of the banking industry's most influential business leaders. He has been recognized as one of the country's leading entrepreneurs by TV programs such as The Today Show, ABC News, Bloomberg as well as publications like The Green Sheet, Transaction World, Inc. Magazine, BusinessWeek, and others.

Isaacman has also been named as a finalist for the Ernst Young Entrepreneur of the Year Award for 2006, 2007 and 2008 and was the youngest person ever named to the list of "Industry Leaders" by the credit card industry's leading publication, The Green Sheet.

Isaacman started Harbortouch(formerly United Bank Card) in the basement of his family's house when he was only 16 years old. With the help of his father and business partner as well as his first employee, Brendan Lauber, who now serves as the company's CTO, he built the company into the industry leader it is today. Under Isaacman's hands-on leadership, Harbortouch has become one of the largest payment processors in the nation, providing merchant services to over 110,000 business locations and processing in excess of $9 billion in credit card volume annually. Consistently recognized as a leader in innovation, Harbortouch was named one of the fastest growing private companies in the U.S. for five consecutive years (2005-2009) by Inc. Magazine and was ranked by Deloitte on their list of fastest growing technology companies in the Connecticut, New Jersey and New York area in 2008.

In addition to guiding the strategic vision for Harbortouch, Isaacman has demonstrated a commitment to philanthropic giving. He has organized a charity poker tour which is hosted at 4 major industry trade shows and donates all proceeds to the Goodwill Rescue Mission for the Homeless and The Make-A-Wish Foundation of New Jersey. He also launched “Pennies for Humanity”, a program that allows Harbortouch's merchants to contribute a portion from every credit card transaction they process to their preferred charitable organization. Isaacman, a jet pilot in his spare time, raised over $100,000 for the Make-A-Wish Foundation of New Jersey by piloting two record-breaking flights around the world.

As an Airline Transport Rated Pilot (ATP) and Certified Flight Instructor (CFI), Jared Isaacman has accumulated over 3300 flight hours and has fully embraced his passion for aviation. His personal fleet of aircraft, owned by JDI Holdings, LLC, includes a T-28C Trojan, (4) L-39 Albatross, (2) Mig-17, (1) J-35 Draken, (3) A-4 Skyhawks and a Canadian T-33 Shooting Star. Isaacman is a minority investor in 26 North Aviation, a part 135 charter company, operating business jets across the nation.

Also, Jared is part of The Black Diamond Jet Team, which performs on weekends throughout the country.

The Black Diamond Jet Team

The Black Diamond Jet Team is a seven-ship aerobatic civilian-owned jet team. The team is fully-sponsored by Harbortouch. The sponsorship enables the team to be a featured act for shows not hosting a military jet team. With five L-39s and two Mig-17s all in the Arctic camouflage paint scheme, the Lakeland, FL based Black Diamond Jet Team is an exciting addition to the current demonstration teams available to air shows, as well as for private and sporting event flyovers.

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