Firoz Patel – Nominee Of The Ernst & Young’s Entrepreneur Of The Year

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Firoz Patel Nominee Of The Ernst
Youngs Entrepreneur Of The Year
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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
industrys 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.
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As a result of the companys remarkable growth
in profit, market share, and size, Firoz Patel
was nominated thrice for the prestigious title of
Ernst Youngs 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.
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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.
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In addition to this, he also negotiated the
successful sale and acquisition of the
AlertPay.com platform.
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Thanks Firoz Patel