Inc. magazine revealed that Boost Payment Solutions has been selected for the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“As the leader in commercial card optimization, Boost Payment Solutions is proud to be placed among America’s fastest growing companies,” Dean M. Leavitt, founder and CEO, Boost Payment Solutions. “Boost’s unique position as the only fintech acquirer exclusively focused on the B2B payments allows us to transform how businesses pay each other around the globe. Inc’s recognition is a testament to the collective effort our team puts in, delivering value and innovation to our clients every day. It’s an honor.”
Not only have the companies on the 2019 Inc. 5000 list been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc.editor-in-chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Inc.’s recognition follows news issued earlier this year, announcing that Boost had increased its commercial card volume it processed globally by 70%. Boost’s success follows significant strides made over the past two years, including the launch of a new groundbreaking payment platform, significant expansion of its global footprint, new strategic partnerships and several strategic hires.