Prepaid Ventures, Ltd. Ranks No. 4150 On The 2016 Inc. 5000 With Three-year Sales Growth Of 67%
PREPAID VENTURES, LTD. RANKS NO. 4150 ON THE 2016 INC. 5000 WITH THREE-YEAR SALES GROWTH OF 67%
Inc. magazine today ranked Prepaid Ventures, Ltd. NO. 4150 on its 35th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Companies such as Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
"Inclusion in the Inc. 5000 means the world to us. As a Financial Services Technology provider our mission is to deliver cutting edge financial inclusion products to our customers. The task required significant investment and careful execution to get to this stage. I am very proud of what we have been able to accomplish and even more excited for what lies ahead for us as a company. I know I speak for the entire team, from our Engineers, to our Call Center Representatives, to our sales force, when I say we are honored to have been considered, and now included, with the other best in class companies who made the list." Andrew Siden, Founder and CEO
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000's aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 list stands out where it really counts," says Inc. President and Editor-In-Chief Eric Schurenberg. "It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That's one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails."
Prepaid Ventures, Ltd. (PPV), founded in 2007, is a leading processor of Payments and prepaid debit card solutions in the United States. Leveraging proprietary cutting-edge technology and a deep understanding of the Financial technology landscape, Prepaid Ventures offers innovative solutions to Banks and Businesses as well as Financial Inclusion solutions to end users. By having the foresight to see the transformation of payments from paper check form to fully electronic before the larger marketplace, PPV has been able to build technology to help foster this change. Now with processing, sales, call center, and payments infrastructure, PPV delivers end to end solutions to businesses and individuals alike. PPV has been recognized as a leader in the FinTech industry by several market participants as well as by unaffiliated third parties.
More about Inc. and the Inc. 500|5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.