EZforex, Inc. (eZforex), a national leader in the provision of foreign currency for travelers through financial institutions, announced today that Founder Evan Shelan is transitioning from his position as CEO to Chairman of the Board.
Over the last 4 years, eZforex has been progressively entering the international transfers field by providing low-cost payment solutions for their customers.
New CEO Jorge Jimenez is eager to disrupt the current market. Jimenez states, “I am excited to create a new paradigm shift and challenge the international payments status quo by allowing small and medium financial institutions and payment processors to increase their domestic role while also playing a much larger role in international transfers.”
Evan Shelan and Jorge Jimenez met for the first time in Nashville, Tennessee in 2012 at the annual National Association of Federal Credit Unions (NAFCU) Conference. One meeting turned into several and, shortly, Shelan adopted Jimenez’s vision. First eZforex decided to create a front-end interface that connects financial institutions to the Federal Reserve’s FedGlobal® international payment platform and allows thousands of financial institutions and millions of customers the ability to send global payments for international trade, payroll and remittances, at a fraction of the cost.
Shelan knew that Jimenez was a great fit early on. "While working with Jorge,” Shelan added, “I realized that I found someone who shared my vision and could propel this company into the future.”