Inc. magazine announced
that Paymerang is on its
annual Inc. 5000 list, 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.
Paymerang CEO, Nasser Chanda, responded to the award announcement by stating, “Paymerang is honored to join the ranks of the fastest-growing companies in America. We are firmly rooted in our mission of delivering finance automation for the modern enterprise, and look forward to many more years of rapid growth ahead!”
Complete results of the Inc. 5000, including company profiles and
an interactive database, can be found at www.inc.com/inc5000.
The 2020 Inc. 5000 is ranked according to percentage
revenue growth when comparing 2016 and 2019. To qualify, companies must have been
founded and generating revenue by March 31, 2016. They had to be U.S.-based,
privately held, for-profit, and independent—not subsidiaries or divisions of
other companies—as of December 31, 2019.
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Paymerang is honored to be named the #1 Best Tech
Startup in Richmond, VA for the second year in a row! This award, from the The Tech Tribune,
is further recognition of the amazing Paymerang team that continually delivers
fantastic products and amazing customer experience.
2019 was a monumental year for Paymerang. We significantly
grew our employee base, expanded our office space, acquired a company, and
continued to develop our coast-to-coast client base.
Founded in 2017, The Tech Tribune delivers the
latest technology news, in-depth technology articles, exclusive interviews with
entrepreneurs, and insights on the hottest technology startups all over the
world. In partnership with Crunchbase, the Best Tech Startupsseries
is published for every major city and state in the US, and for the US as a whole,
every year. Their mission is to recognize and honor the most exemplary
young companies all across the country.
In doing research for this award, they consider several
factors including but not limited to:
- Revenue potential
- Leadership team
- Brand/product traction
- Competitive landscape
Additionally, all companies must be independent
(un-acquired), privately owned, at most 10 years old, and have received at
least one round of funding in order to qualify.
We are in unprecedented times, and Paymerang is humbled by the opportunity to continue to provide our clients with cutting-edge technology and meaningful solutions to their ever-changing work environment and business payments needs.