For the 3rd Consecutive Year, PayBright Makes the Inc. 5000, at No. 716 in 2024, With Record Growth
13 Agosto 2024 - 9:15AM
Inc. revealed today that PayBright ranks No. 716 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.
“The Last 3 several years have been
nothing short of amazing but we are only getting started. We are
excited to continue to accelerate our growth,” said Dustin
Magaziner, CEO and Founder of PayBright.
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.
“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.”
“The next 12 months are going to be
transformational here at PayBright, as we are going to nearly
double our headcount once again. This is critical in order for us
to continue to set the standard for top tier customer support in an
industry that support is largely lacking,” says CEO Magaziner.
About PayBrightPayBright is a merchant services
provider that works with independent agents, ISOs, banks and other
strategic partners to provide payment solutions to businesses. By
focusing on a 'merchant services done right' model, PayBright has
become an industry leader by ensuring transparency, affordability
and simplicity for agents and their local merchants.
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.
CONTACT:
For PR requests please email relationships@gopaybright.com