Financial Services Industry veteran to lead business development as Country Head.

1. Brian Fox Joins Prepay Nation to Lead Activities in Canada
Financial Services Industry veteran to lead business development as Country
Head.
Berwyn, PA (USA), August 15, 2014 -- Prepay Nation, a leading provider of cross-border
micro-value and prepaid mobile airtime transfers, has welcomed Western Union
veteran and innovator Brian Fox to their team. Fox will be responsible for business
development in the Canadian market, helping to expand Prepay Nation’s international
value transfer and productized remittance services country-wide.
With a background in technology and software engineering, Fox has built his career
driving the innovative application of technology to business goals. He started with
Western Union Canada in 2001 and was responsible for building up partnerships with
banking organizations all over the country, moving the company in a different direction
and ultimately establishing one of Western Union’s most important channels.
His vision and passion for innovation have yielded outstanding results and
accomplishments. He handled hundreds of millions of dollars per year for Western
Union, and while expanding the company's traditional retail distribution, Fox saw web-
and mobile-based distribution as critical to future of the remittance industry in North
America. In line with this, he drove a groundbreaking 2006 deal allowing Canadians, for
the first time, to send money worldwide from their Scotiabank online banking portal or
mobile banking app. In 2011, Fox established the organization’s first Web and
smartphone bi-directional remittance service via relationships with the largest telcos in
Canada, and the next year solidified a deal allowing all Canadian banks to offer
international remittances via Western Union and the Interac E-transfer network. The
first bank on the network went live in 2013, changing the remittance business in Canada
forever.
“There is an enormous opportunity for Prepay Nation in Canada,” said Fox, “and it is
directly related to the percentage of the population coming from other countries. On
average twenty percent of the Canadian population is foreign born, but that escalates to
as many as fifty percent in large metropolitan centers like Toronto.” The World Bank
estimates the immigrant populations in Canada remit in excess of $20 billion dollars per
year to their home countries “Immigrant populations that send financial support to their
loved ones back home are always seeking convenient, cost-effective channels for doing
so, and this is exactly what Prepay Nation does so well. The ability to deliver small values
across international boundaries, instantaneously and without fees, is essentially
impossible for conventional financial institutions. Prepay Nation’s value proposition
using mobile airtime transfer is real innovation and has tremendous value for Canadian
immigrants” added Fox.
“Brian is a true innovator, and one we are excited to bring onboard,” commented

2. Anurag Jain, CEO of Prepay Nation. “He has insight not only into the current financial
services industry and the Canadian market, but also into the growth trends that
emerging technology is creating within the space. We are excited to have him on the
team to nurture our existing valuable partnerships in Canada, and to continue
developing our vision for the future.”
About Prepay Nation:
Prepay Nation is a fast growth company in the business of enabling micropayments from
one person to another across international borders. Prepay Nation utilizes the prepaid
mobile ecosystem to transfer values internationally in the form of prepaid mobile
airtime, product and service vouchers, and other forms of productized remittance. With
mobile operator partnerships in Central America, South America, Caribbean, Asia, and
Africa, and a varied distribution channel spanning the US, Canada, and Middle East,
Prepay Nation offers its innovative services to expatriates who financially support their
loved ones back home. Prepay Nation’s unique business model, highly scalable
processing platform, and interconnectivity with mobile operators, allows for
instantaneous and no-fee transfers for the consumers and an opportunity to generate
significant revenues for the distributors. For more information, visit
http://www.prepaynation.com .
Press & Media Contact:
Sarah Feidt
Head of Marketing
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 - USA
+1 571 213 6609
sfeidt@prepaynation.com
http://www.prepaynation.com