Vanco, a provider of payment services to education and faith organizations and a portfolio company of Great Hill Partners, has promoted Jim McGinnis to chief executive officer. Current CEO Shawn Boom will transition to executive chairman.

Most recently, McGinnis held the position of president at AffiniPay, a digital payment services company for professionals and the parent company of LawPay. Before being acquired by AffiniPay, McGinnis was the CEO of MyCase, a practice management service for law firms.

“Leading tremendous growth over the past five years alongside our partners, customers and Vanco’s talented and dedicated team has been nothing short of a gift and I very much look forward to partnering with Jim as we advance our strategic initiatives,” comments Boom.