ATLANTA--(BUSINESS WIRE)--ConnexPay, the world’s first all-in-one payments platform, has earned a spot for the second year in a row on the prestigious annual Inc. 5000, which lists the fastest-growing private companies in America. The distinguished 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, Oracle, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
Ben Peters, CEO at ConnexPay, said: “We’ve had an incredible year at ConnexPay, and this marks a great achievement for everyone at the company. It’s a privilege to be recognized on such a prestigious list, only made possible by the ConnexPay team’s hard work and commitment to innovation.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and significant hiring challenges. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
Peters added: “ConnexPay has helped hundreds of businesses optimize their payments processes. Through our unified payments platform for both PayIns and PayOuts, ConnexPay clients can streamline reconciliation and lower the total cost of payments. I’m looking forward to our company’s continued growth trajectory as we support more customers with their payments needs across the globe.”
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.
“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 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.”
ConnexPay’s all-in-one platform allows businesses to significantly improve cash flow. By linking PayIns and PayOuts, companies gain immediate access to incoming customer funds and no longer have to wait days or weeks for funds to clear. ConnexPay removes the traditional barriers to accessing cash in real time, which improves revenue recognition and ultimately boosts their clients’ bottom line.
To learn more, visit https://connexpay.com/
About ConnexPay
ConnexPay is the first payments company to seamlessly combine both PayIns and PayOuts into a single global platform, requiring only one contract and providing unified reconciliation. The flexibility of ConnexPay’s technology allows clients to manage all of their B2B payment needs, from acquiring sales, managing fraud, and paying suppliers, all on one platform. ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including global travel, ticketing, insurance and warranty claims, loyalty and rewards, and media and advertising. Founded in 2017, ConnexPay serves clients on six continents and provides payments services to over 175 countries worldwide. In 2023, ConnexPay earned the Travel Innovator of the Year award at Phocuswright and in 2024 was named to the Inc. 5000 list. Learn more at www.connexpay.com and follow us on LinkedIn.
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 Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through 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.