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PAYNW Ranks #47 on PSBJ's 100 Fastest-Growing Companies in Washington - PayNW

Written by PayNW | Oct 25, 2016 4:00:00 AM

We are pleased to announce that Puget Sound Business Journal ranked PAYNW as the 47th fastest-growing companies in Washington State for 2016!

“This is our first year being featured on the list which is a true honor and testimony to the hard work and dedication of all of our employees,” explains Mike J. Anderson, President & CEO of PayNorthwest. “We’d like to also address our heartfelt thanks to our loyal customers and business partners who have made our amazing growth trajectory possible over the past few years.”

The 100 companies that made the list collectively had revenue of nearly $3.17 billion in 2015, an increase of 137.26 percent over their total revenue in 2013. Together they employ more than 9,500 employees – 7,083 of them in Washington state.

To make the list, companies must be headquartered in Washington state and be privately held between 2013 and 2015. They must have revenue of at least $500,000 in 2012 and report a revenue increase in 2015. More than half of the list makers posted revenue growth of more than 100 percent between 2013 and 2015.