Norman Understein
Founder
Norman has started and grown a variety of distinct businesses since the onset of his professional career as a serial entrepreneur. By applying new technology to new business models, Norman has always had an irrepressible tenacity for finding new opportunities in existing businesses, from hotels and publishing to medical facilities and the Internet. Ahead of his time in many ways, Norman founded eDeposit in 1999, deployed the technology and built the business within the auction industry. Now with newly approved patents (and a few pending) specifically related to the payments industry, Norman and his investor group have expanded eDeposit’s services by bringing in top veterans and entrepreneurs in the payments and financial transaction business.



