Thursday, August 15, 2024
Among this year's top 500 companies, the average median three-year revenue growth rate is 1,637 percent, Inc. noted, adding that in all, this year's Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
Following is information about five companies honored this year that reached out to The Green Sheet to share their good news. They either provide payment processing services or incorporate payments into their platforms.
Boulevard, a client experience platform designed for appointment-based, self-care businesses, ranked No. 163 on the 2024 Inc. 5000 list, marking its first appearance on the prestigious list. The company also ranked 19th in the software category and 31st in California, boasting a remarkable three-year growth rate of nearly 2,300 percent.
This achievement underscores Boulevard’s dedication to elevating the self-care industry, which is rapidly growing, with the global wellness market valued at $5.6 trillion, the company stated.
Boulevard’s platform, which includes innovations like precision scheduling, is used by over 30,000 professionals across more than 3,000 locations in the United States, handling over $2 billion in payments annually. The company's focus on enhancing the client experience in salons, spas and medspas has made it a leader in this space, with users reporting significant revenue growth after adopting Boulevard’s software.
This recognition highlights the company’s success in navigating economic challenges while continuing to innovate and support the self-care industry.
DCCSupply has once again secured a spot on the Inc. 5000 list, ranking No. 4521 in 2024. This marks the sixth time in nine years that the company has been recognized, a testament to its resilience and consistent growth in the competitive electronic payment industry.
Under the leadership of President Adam Kaplan, DCCSupply has excelled by introducing innovative products and solutions that streamline payment processes for a diverse clientele. The company operates as a full-service provider, offering new and refurbished point-of-sale (POS) equipment, repair services, encryption facilities and customized accessories to enhance efficiency and security.
DCCSupply’s commitment to customer success has earned it a loyal customer base, with clients praising its quick turnaround times and reliability, the company noted, adding that this consistent recognition by Inc. 5000 reaffirms DCCSupply’s position as a dynamic leader in the payments industry, driven by its ability to adapt to market challenges and meet the evolving needs of its customers.
ePayPolicy earned a spot on the 2024 Inc. 5000 list, ranking No. 1639, marking its third consecutive year on the list. This achievement highlights the company’s rapid growth and the value of its payment solutions tailored for the insurance industry, ePayPolicy noted. Founded on the principle that payments should be straightforward, ePayPolicy has developed a suite of tools designed to simplify the payment processes for agencies, brokers, MGAs and carriers.
Over the past three years, the company has made significant investments in enhancing its platform, adding features like Payables Connect and CheckMate to improve efficiency and customer experience. The latest addition, Finance Connect, helps insurance companies offer faster financing options while maintaining relationships with existing partners. CEO Mark Engels credits the company’s success to its customer-centric approach and dedication to continuous innovation, ensuring that ePayPolicy remains a leader in modernizing insurance payments.
Swipesum, a payment processing and merchant services consultancy, secured its second consecutive ranking on the Inc. 5000 list, coming in at No. 666 for 2024. The company achieved a revenue growth rate of over 703 percent, earning high rankings within Missouri and St. Louis, and nationally in the business products and services category.
Swipesum's success is driven by its unique approach as an independent payments consultancy, using advanced AI tools like its proprietary platform Staitment to optimize payment processing for medium to large-sized enterprises, the company pointed out. The company has formed strategic partnerships with major players like Visa’s Authorize.net and expanded its client base across various industries.
Co-founder and CEO Michael Seaman attributes the company’s rapid growth and repeat recognition to its commitment to transparency, customer support and delivering cutting-edge payment solutions that help businesses reduce costs and enhance operational efficiency.
VizyPay, a fintech company specializing in payment processing for small businesses in rural America, is ranked No. 2823 on the 2024 Inc. 5000 list. This marks the company’s fourth consecutive year on the list, highlighting its impressive growth and innovation in the fintech sector.
VizyPay mentioned it has made significant strides in supporting small to midsize businesses, saving its merchants over $40 million in processing fees and handling 131 million transactions for over 12,000 clients nationwide. The company’s strategic partnership with Clover and substantial investments in terminal hardware have further solidified its market position.
VizyPay’s projected revenue for 2024 is $24 million, reflecting an 18 percent increase from the previous year. The company’s consistent recognition by Inc. 5000 underscores its commitment to delivering affordable and accessible fintech solutions, particularly for businesses in the Midwest’s Silicon Prairie. VizyPay’s leadership attributes its success to a dedicated team and a culture that emphasizes innovation and customer service.
Following are several businesses we spotted on the Inc. 5000 that ranked in the top 500 and provide payment acceptance, small business funding and related financial services to businesses.
Describing the methodology used, Inc. stated, "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. All honorees must pass Inc. editorial review."
The full list of 2024 honorees can be found at www.inc.com/inc5000/2024 . Congratulations to all companies honored this year! 
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