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Firoz Patel is a prominent personality from the payment industry. He has a rich experience of running payment platforms and has served the industry for more than a decade.
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Firoz Patel is a prominent personality from the payment industry. He has a rich experience of running payment platforms and has served the industry for more than a decade. He graduated from the popular Champlain College with a degree in Business Administration and Marketing in 1994. He worked as a Chief Executive Officer and President at Corporate Wealth Management Inc. He was responsible for the overall business of the company; development of online payments and business structures; and development of a technology base including the platform of transactions, customer support, and reporting.
Later in 2004, Firoz Patel co-founded an online payment processor called AlertPay and served the organization as a Chief Executive Officer and President. Thanks to his in-depth understanding of the market competition and its ever-evolving tools and technology, he was able to guide AlertPay to achieve immense growth and excellence in the industry. The company expanded in a short span and even earned the Quebec Technology Company of the Year award from benefice.net in 2010.
Under the guidance of Firoz Patel, AlertPay received the 2011 Industry Alpha Award for Excellence in Consumer Products from the Ville St. Laurent Chamber of Commerce. He was nominated for the prestigious title of Ernst & Young’s Entrepreneur of the Year three times, and he spoke at various business and community events including the 2011 International Startup Festival.
Firoz Patel focused on achieving corporate goals and implemented aggressive revenue and site expansion strategies by administering a portfolio of local, national, and global partnerships with corporations, government bodies, communities, and international associations. He expanded the product reach and profit revenues for the growth of company’s economy. He was the company’s liaison between boards, executive teams, and stakeholders.
For AlertPay, he was responsible for new market penetration, new business development, business expansions, and new banking and financial partnership acquisitions. He helped his company increase its customer base to 7.5 million in 7 years. The company expanded from mere 6 employees to 130 within 5 years.
Thanks Firoz Patel