Mr. Hamed Shahbazi founded TIO Networks as a kiosk solution provider in 1997, shortly after completing a Bachelor of Applied Science in Civil Engineering degree at the University of British Columbia. Mr. Shahbazi has since transitioned TIO Networks into a multi-channel payment solution provider specializing in bill payment and other financial services through a variety of automated self-serve, retail point-of-sale, mobile and web-based methodologies processing approx. 55M transactions worth roughly $6 billion in payments annually in the United States. Mr. Shahbazi has been particularly interested in developing payment products that are safe, viable and commercially reasonable alternatives for the LMI (low-to-moderate-income) and underbanked demographic groups.
The business community has recognized Hamed Shahbazi and TIO Networks with numerous awards and accolades. Most recently, The Cantech Letter named Mr. Shahbazi the TSX Venture Tech Executive of the Year and TIO Networks the TSX Venture Tech Stock of the Year for both 2014 and 2015. TIO has been recognized as a Deloitte Technology Fast 50/500 company 6 times and PROFIT Magazine has recognized TIO as a member of its PROFIT 100/200/500 ranking of Canadian companies 6 times based on its sales growth. In 2013, KIOSK.COM recognized Hamed with the Hall of Fame award for his “distinguished service” to the kiosk industry. Business in Vancouver Magazine also named Mr. Shahbazi one of the prestigious 40 Under 40 in 2001.
Hamed is a passionate advocate of impact entrepreneurship where new companies aim to doing well by doing good, which he promotes as the role of an “Impactreneur”. He regularly mentors founders and entrepreneurs of early stage companies.