Payscout, Inc., leading global payment processing provider, has been recognized by Inc. Magazine as one of the fastest-growing, privately held companies in the United States for the fourth consecutive year. On the 2017 Inc. 5000 list, Payscout ranked #521.
The coveted Inc. 5000 list, published annually, recognizes top U.S.-based, privately held companies ranked according to the percentage of revenue growth they have experienced over a three-year period. From 2013 to 2016, Payscout’s revenue increased by more than 850%.
“Payscout’s Vision is to become the thought-leading and fastest-growing global payment processing provider in the world,” said CEO Cleveland Brown. “Being featured on the Inc. 5000 list for four consecutive years is a testament to our team’s commitment to that Vision.”
In the congratulatory letter that accompanied the 2017 Inc. 5000 announcement, Inc. Media President and Editor in Chief Eric Schurenberg wrote, “Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. A mere one in ten have made the list four times.”
Payscout maintains their remarkable rate of growth, in part, by continually pursuing innovative solutions that seamlessly connect merchants to consumers across the globe.
As an example of that innovation, Payscout recently launched the world’s first live VR payment experience at Money20/20 EU in Copenhagen. The Payscout VR Commerce app features an integration with Visa Checkout, which allows users to register payment credentials when they launch the app. Once inside of the immersive 360-video experience, the user can explore merchandise in a virtual store and execute a secure, frictionless payment without having to remove their headset.