Payabli ranked in additional categories within the Inc 5000
list, including #11 in Miami, #12
in Financial Services, and #22 in Florida.
MIAMI , Aug. 13,
2024 /PRNewswire-PRWeb/ -- Inc. revealed today
that Payabli ranks No. 223 on the 2024 Inc. 5000, its annual
list of the fastest-growing private companies in America. The
prestigious ranking provides a data-driven look at the most
successful companies within the economy's most dynamic segment—its
independent, entrepreneurial businesses. Microsoft, Meta, Chobani,
Under Armour, Timberland, Oracle, Patagonia, and many other
household-name brands gained their first national exposure as
honorees on the Inc. 5000. Payabli also ranked in additional
categories within the Inc 5000 list, including #11 in Miami, #12 in Financial Services, and #22 in
Florida.
"This incredible honor is a testament to
our Team's steadfast devotion to supporting the Entrepreneurial
Economy by helping Software companies become Payments Companies,"
said Joseph Elias Phillips,
Payabli's Co-Founder and Co-CEO.
"Making the Inc 5000 was a bucket list accomplishment for
William and me. This incredible honor is a testament to our Team's
steadfast devotion to supporting the Entrepreneurial Economy by
helping Software companies become Payments Companies. We are
grateful to all of our loyal and inspiring Software Partners that
believe in Payabli and have helped us achieve this milestone. "
said Joseph Elias Phillips,
Payabli's Co-Founder and Co-CEO.
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year's top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. In all, this
year's Inc. 5000 companies have added 874,458 jobs to the economy
over the past three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands beginning
Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
Payabli's API-first payments infrastructure allows software
companies to make payments a core part of their business model
allowing them to create seamless payment experiences with
cutting-edge payment acceptance, payment issuance, and payment
operations tools. "Payabli is experiencing massive growth. We grew
over 340% in 2023 and have grown by over 300% Year over Year. The
momentum we're experiencing is fueled by the tectonic shift where
trillions of dollars of commerce are moving from legacy payment
technology and distribution and becoming embedded within the system
of record vertical SaaS platforms. Payabli exists to help these
software companies quickly and easily embed and monetize Payments,"
stated William Corbera, Payabli's
Co-Founder and Co-CEO.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to
percentage revenue growth from 2020 to 2023. To qualify, companies
must have been founded and generating revenue by March 31, 2020. They must be U.S.-based,
privately held, for-profit, and independent—not subsidiaries or
divisions of other companies—as of December
31, 2023. (Since then, some on the list may have gone public
or been acquired.) The minimum revenue required for 2020 is
$100,000; the minimum for 2023 is
$2 million. As always, Inc. reserves
the right to decline applicants for subjective reasons. Growth
rates used to determine company rankings were calculated to four
decimal places.
About Payabli
Payabli is a next-generation Payments Infrastructure and
Monetization Platform that helps software companies make Payments a
core part of their business model through a single
developer-friendly API. Built by payment industry and SaaS
veterans, Payabli powers software companies with innovative payment
acceptance and issuance solutions, powerful payment operations
tools, and the ability to unlock lucrative economics. Payabli makes
Software companies Payments companies by giving them PayFac
capabilities without the heavy lift, administrative burden, and
exorbitant cost of becoming a payment facilitator. Payabli is
helping over 60 vertical SaaS companies build, manage, and scale
their Payments businesses. Payabli has raised $32,000,000 in venture capital from respected
fintech investors: QED, TTV Capital, Fika Ventures, and Bling
Capital.
About Inc.
Inc. Business Media is the leading multimedia brand for
entrepreneurs. Through its journalism, Inc. aims to inform,
educate, and elevate the profile of our community: the risk-takers,
the innovators, and the ultra-driven go-getters who are creating
our future. Inc.'s award-winning work achieves a monthly brand
footprint of more than 40 million across a variety of channels,
including events, print, digital, video, podcasts, newsletters, and
social media. Its proprietary Inc. 5000 list, produced every year
since its launch as the Inc. 100 in 1982, analyzes company data to
rank the fastest-growing privately held businesses in the United States. The recognition that comes
with inclusion on this and other prestigious Inc. lists, such as
Female Founders and Power Partners, gives the founders of top
businesses the opportunity to engage with an exclusive community of
their peers, and credibility that helps them drive sales and
recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to
be held from October 16 to 18 in
Palm Desert, California, please
visit http://conference.inc.com/.
CONTACT:
Payabli PR
Camille Phillips |
949.742.1389
Camille@payabli.com
Payabli Marketing
Marielle Mekkaoui
Marielle@payabli.com
Media Contact
Camille Phillips, Payabli, 1
949.742.1389, Camille@payabli.com, https://www.payabli.com/
Marielle Mekkaoui, Payabli,
Marielle@payabli.com
LinkedIn
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SOURCE Payabli