Emida Welcomes Aldo Mizrahi as VP/GM of EmidaMex

FOOTHILL RANCH, California, June 4, 2014 (Business Wire) – Emida Technologies, a leader in the global prepayment and value transfer market, has announced the appointment of Aldo Mizrahi as VP/GM of EmidaMex.

With over 14 years of proven leadership experience, Aldo Mizrahi is well versed in creating and implementing strategies for the development of new businesses, regions, and stored value products and services.  Prior to his time at Emida, Aldo served as a visionary CEO for several leading Latin American firms.  Most notably, Aldo directed the creation and implementation of Store-a-Cell, the first Mexican company to offer expansion and cryopreservation of dental stem cells.  Aldo also served as CEO for T Regalo, Exim Licensing de Mexico, and Bittime Mexico where he was involved in strategic business consulting, creation and distribution of prepaid and stored value products and services, and the licensing of intellectual property.  Aldo holds a BS in Information Science from Anahuac University.

In his new role as VP/GM of EmidaMex, Mr. Mizrahi is responsible for leveraging his experience and knowledge of the Mexican market to oversee overall operations in the country.  He will work to manage relationships with carriers and customers, create and implement strategic business models, and develop new products.

David Kirtman, Emida CEO said “We’re very excited to have Aldo at the helm of our Mexican operation.  His creativity, industry knowledge, and general management experience make him ideal for the role.  EmidaMex, under Aldo’s leadership, will continue to be an extremely valuable asset in the Emida portfolio.”

“I am eager to serve the Emida team,” said Aldo Mizrahi.  “Emida is a significant player in the prepaid/payments realm in Mexico.  With its wealth of valuable resources and staff, we will continue to demonstrate our market leadership by driving innovation and expanding the deep relationships we have in the country.”

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 37 countries throughout North, Central and South America, the extended Caribbean, Africa, Oceania, the Middle East and Europe. We support a network of more than 54,000 retail points with an annual dollar payment volume in excess of $1.5B, processing more than 240 million annual payment transactions.

Our network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Our strategy is to build profitable, robust distribution networks for many prepaid products in targeted operating geographies, and to introduce unique cross border value products between regions. Our payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.

Media contact:

Lisbeth Cabrera Spencer

+1 949-860-3559


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