SURGW - SurgePays Taps Derron Winfrey as Vice President | Benzinga
BARTLETT, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ:SURG) ("SurgePays" or the "Company"), a technology and telecommunications company focused on the underbanked and underserved communities, announced today the appointment of Fintech and prepaid industry veteran Derron Winfrey as vice president, business development of the Company.
Mr. Winfrey is a successful serial entrepreneur, having launched several check processing, prepaid software, ATM, and other companies in a fintech career that spans nearly 25 years. He joined SurgePays in 2019 as part of SurgePays' purchase of ECS Prepaid, which he founded and served as chief operating officer. Upon joining SurgePays, he became president of SurgePays' prepaid division and has been serving in various business development and advisory roles.
In his new position, Mr. Winfrey will work with SurgePays President Jeremy Gies to help drive innovation by discovering, developing, and implementing new fintech products and services. He will also leverage his expertise in the prepaid and fintech space to foster strategic partnerships and actively seek out and evaluate potential acquisition targets.
"Derron helped build the foundation of SurgePays' prepaid business," said Jeremy Gies, president of SurgePays. "He has spent countless hours building relationships with the Independent Sales Organization (ISO) channel, leading to our current footprint of more than 8,000 stores nationwide. He is an innovative and visionary fintech professional.
Derron will be integral in continuing to grow our strategic partnerships with ISOs and distributors, developing a pipeline of thousands of convenience stores that should directly impact our subscriber and revenue growth."
Previously, Mr. Winfrey spent 18 years as president of Electronic Check Services (ECS), a company offering merchants and ISO channel partners a full suite of check processing services. During his tenure, he founded and served as president of ECS Prepaid, a business providing prepaid cellular phone reloads, bill payments, gift cards, and loyalty programs. To power the processing of ECS Prepaid, ...