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Paymentsense named as one of Europe’s fastest-growing businesses in the Inc. 5000

14 April 2016 Company News

The UK and Ireland’s largest merchant service provider has featured on a list of Europe’s rapidly-growing companies.

Paymentsense has been featured in the Inc. 5000 Europe, a list of the fastest-growing private companies operating throughout Europe.

The merchant service provider was ranked an impressive 936th on the prestigious listing and was one of only a handful of payment providers to be featured in this year’s rankings.

Paymentsense provides card payment solutions to over 50,000 small and medium businesses in both the UK and Ireland. Its products include the latest contactless card machines, as well as highly secure website payment solutions.

The company recorded average growth of 164% and €16.4m in revenues across the 3-year period. As well as featuring in the Inc. 5000 Europe, Paymentsense was recently named as the UKTI Growth Business of the Year at the 2015 Lloyds Bank National Business Awards and also secured a high ranking on The Sunday Times Hiscox Tech Track 100.

As an Inc. 5000 Europe honoree, Paymentsense now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Timberland, Clif Bar, Pandora, Patagonia, Oracle, and dozens of other prominent recent U.S. alumni. In addition to Paymentsense, the Inc. 5000 Europe list added notable companies such as Avicii Music, Widespace, Hastens Mattresses, Meltwater, and Bill’s Restaurant.

George Karibian, co-founder of Paymentsense, said, “This is the first time Paymentsense has been featured on the Inc. 5000 listing, the hallmark of entrepreneurial success in both the US and Europe, and we are honoured to be ranked alongside so many rapidly growing businesses.”

Jan Farrarons, co-founder of Paymentsense, added, “To have won a National Business Award and feature in the Inc. 5000 inside of three months is a truly incredible achievement for this business, and we look forward to continued growth both here in the UK and abroad.”

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