Chairman and CEO
Mr. Hamed Shahbazi founded TIO Networks in August 1997 as a solution provider in the self-service automated kiosk marketplace. Since then Mr. Shahbazi has transitioned the Company into a payment solution provider that specializes in delivering bill payment and other financial services through a variety of automated self-service, retail POS, mobile and web-based methodologies.
Mr. Shahbazi earned his Bachelor of Applied Science degree in Civil Engineering from the University of British Columbia in 1997. Mr. Shahbazi also completed Harvard Law’s program on Negotiation for Business Executives.
Today, TIO Networks processes more than $1B per year supporting more than 15M transactions per year for millions of people in the US. TIO Networks has partnered with some of the biggest bill issuers and service providers in North America to assist them with their in-person payment collection strategies while helping the underserved cash paying demographic have access to cost effective, convenience, safe and secure bill payment services.
TIO Networks has made PROFIT 100 magazine’s list of top 100 Canadian companies based on its percentage of sales growth twice in the last 5 years. In addition, TIO Networks has been recognized with Deloitte & Touche Fast 50, Deloitte & Touche Fast 500, Burnaby Board of Trade’s Entrepreneurial Spirit, KIOSKCOM’s Excellence, and Profit 100 awards, and recently recognized as one of the 50 fastest growing companies in BC. In December 2001, Business in Vancouver presented Mr. Shahbazi with the prestigious 40 Under 40 Award in recognition for his achievements as one of top performers in business, public or private life.
Mr. Shahbazi’s leadership role has been key to establishing an impressive client base among Fortune 1000 companies and organizations, such as: Alimentation Couche-Tard, ExxonMobil, AT&T, Hewlett Packard, Cricket Communications and COX Communications.
Mr. Shahbazi’s business achievements are only paralleled by his community involvement. In 1996/7, he was nominated for volunteer of the year by Unicef BC. He has a deep history of volunteering for grass roots development and community based organizations.