LFR Communications, Inc

About LFR Communications, Inc

LFR Communications, Inc. operates in the e-commerce and finance sectors, providing web and mobile payment solutions. The company was founded in Laurel, Maryland, in 2003.

The founder, President, and CEO is Peter Ojo, who has over a decade of experience in transforming business ideas into e-business solutions. His background includes developing software and web-enabled applications for entities such as the Internal Revenue Service, the Department of Homeland Security, and AT&T. Ojo is an alumnus of the University of Ibadan, the University of Portsmouth, U.K., and Kings College University of London. Catherine Berruer serves as the Executive Vice President of Business Development, bringing experience in loan management and client services from various international agencies.

A significant development for the company occurred in 2005 when Ojo created a secure algorithm for a virtual debit card using PDF technology, which eliminated the need to mail physical prepaid cards internationally. A key client, Graphcard, utilized this technology to sell millions in virtual accounts. In 2007, the company designed the blueprint for the VTN Mobile and web payment network, aimed at serving over 50 million GSM users in Nigeria. LFR Communications' portfolio also includes Graphcard, a payment method for internet users without access to traditional credit cards; NewBizFunds, a platform connecting entrepreneurs with investors; and Globalerrands, an online marketplace for freelance services.