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Firoz Patel co-founded AlertPay Inc. in 2005, which was an online global payment processor that witnessed rapid growth and emerged as one of the industry’s best payment tools.
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Firoz Patel – Nominee Of The Ernst & Young’s Entrepreneur Of The Year
Firoz Patel co-founded AlertPay Inc. in 2005, which was an online global payment processor that witnessed rapid growth and emerged as one of the industry’s best payment tools. He had a profound understanding of the competitiveness in the market and in-depth knowledge of its ever-evolving tools and technology that enabled him to lead the company as its Chief Executive. Due to his consistent efforts, the company achieved exponential growth and excellence in the industry. AlertPay Inc. is an award-winning company that was honored by benefice.net in 2010 with the Quebec Technology Company of the Year award and by the Ville St. Laurent Chamber of Commerce with the 2011 Industry Alpha Award for Excellence in Consumer Products.
As a result of the company’s remarkable growth in profit, market share, and size, Firoz Patel was nominated thrice for the prestigious title of Ernst & Young’s Entrepreneur of the Year. He had been a sought-after orator who spoke at several community and business events like the 2011 International Startup Festival. Due to his vision and leadership, AlertPay Inc. managed to add more than 8 million members across the globe in its kitty.
During his tenureship as a Chief Executive Officer and President of AlertPay Inc., he was responsible for the overall business of the company. He directed new market penetration and growth; new business development; new banking and financial partnership acquisitions; and businessAlert expansion in India. His dedication and sincere efforts grew the customer base of the company to 1 million in 3 years and to 7.5 million in 7 years, and expanded the company from 6 employees to 130 employees within 5 years. To achieve the company mission, he positioned the company strategically in industry sectors which doubled transactions volumes year-over-year for 5 consecutive years.
In addition to this, he also negotiated the successful sale and acquisition of the AlertPay.com platform.
Thanks Firoz Patel