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.
Firoz Patel – Nominee Of The Ernst & Young’s Entrepreneur Of The Year
1. Firoz Patel – Nominee Of The Ernst &
Young’s Entrepreneur Of The Year
2. 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.
3. 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.
4. 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.
5. In addition to this, he also negotiated the successful
sale and acquisition of the AlertPay.com platform.
