WAUKEE, Iowa, Aug. 13, 2024 (GLOBE NEWSWIRE) — VizyPaythe leading payment processing fintech company serving small businesses in rural America, today announces its inclusion on the 2024 Inc. 5000 list of America’s fastest-growing private companies. VizyPay ranks #2,823 overall, #14 in Iowa, and #9 in Des Moines.
This is the fourth time the award has been presented and underscores the company’s rapid growth, innovative solutions and commitment to excellence. VizyPay is driving the fintech industry forward and changing the payments landscape for small and medium-sized businesses. Its merchants have saved more than $40 million in processing fees and processed 131 million transactions for its 12,000+ merchants nationwide.
“Our commitment to supporting rural small businesses gives us a clear perspective and fuels our mission to lead the way in building the Silicon Prairie in the Midwest,” said Austin Mac Nab, CEO and founder of VizyPay. “Being recognized by Inc. 5000 four years in a row is a testament to our efforts. We see a significant need for affordable, accessible fintech services and are very proud to meet that need with affordable, world-class solutions.”
This year, the company has made impressive progress in the fintech space with a number of strategic initiatives and milestones. VizyPay has entered into a strategic partnership with Clover and invested over $1.3 million in Clover terminals and hardware. This provides its merchants with flexible purchasing and subscription options. In financial terms, VizyPay’s revenue increased 18% to $21.5 million in 2023 and is expected to reach $24 million in 2024.
This year’s Inc. 5000 companies have created 874,458 new jobs over the past three years, at a time when we’ve struggled with inflationary pressures, rising capital costs and seemingly insurmountable talent challenges.
“Every year I am more impressed by the dedication and innovation of our team that has led VizyPay to new heights of success,” said Frank Pagano, Managing Partner at VizyPay. “To be on this list for four years in a row is a humbling reminder of our progress. Our employees are truly remarkable and give their best every day with the goal of making a difference. We foster a culture of hard work and enthusiasm, and that is the essence of the VizyPay way.”
VizyPay was also listed on the 2024 Inc. 5000 Regionals: Midwest list at number 84. For complete Inc. 5000 results, visit inc.com/inc5000For more information about VizyPay, visit www.vizypay.com.
About VizyPay
Headquartered in Waukee, Iowa, VizyPay was founded in 2017 by entrepreneurs who either had extensive experience in credit card processing or were previously small business owners. Their combined understanding of these different industries created the perfect cocktail for a credit card processing company that could truly take care of business owners. VizyPay made a big splash nationally by being honest and straightforward, ranking #1841 on the 2023 Inc. 5000 list of the fastest-growing private companies in America with 305% revenue growth in three years.
Media contact
Alexis Ware
Riot PR for VizyPay
[email protected]
