DALLAS — Mozido, (www.mozido.com), the global cloud payment network that provides access for every mobile phone to the financial ecosystem, today announced that Richard (Rick) Braddock has joined the Company as Chairman of the Board.
"We are thrilled to have Rick join our Board of Directors as Chairman. His deep experience in both the financial services and e-commerce sectors, along with his valuable connections and respect in the investment community, helps validate our vision that Mozido will become the leading global provider of cloud financial services," says Michael Liberty, Mozido's Founder and Chairman of Global Strategic Initiatives.
During his distinguished career, Mr. Braddock has served as President and COO of CITICORP as well as Chairman and CEO of priceline.com, overseeing the company's public offering. Most recently he served as Chairman and CEO of FreshDirect. "Since I left Citibank in the early 90s, I spent the rest of my business career to date working in and around fast-growth businesses. As I pursued this direction, I found my way to the internet about ten years ago because of its power as a transformative medium, a spawning ground for fast-growth. Both priceline and FreshDirect, each in their own way, dramatically transformed the industry they were serving using tools uniquely available on the internet. I see Mozido as having the same opportunity in the financial sector, although larger, especially since it is involved in the promising mobile space.
"What drew me to Mozido was the company's innovative technology platform that provides endless business opportunities we offer companies serving both banked and unbanked customers on a global basis," Mr. Braddock said. "Mozido's business model can deliver unique financial services applications to these audiences and extend into e-commerce. Additionally, the company's technology can provide unique solutions to large companies virtually everywhere in the world, making the opportunity even bigger. We are ready to accelerate our expansion and you will hear of several deals in the near-term future as we chart our course to serve the financial ecosystem worldwide."