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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.