Payment processing company accomplishes rare feat by appearing on the list for the seventh consecutive year
Clearent, one of the nation’s fastest-growing credit card processors, is pleased to announce that it has been named to the Inc. 5000 list, a highly-regarded ranking of the fastest growing private companies in America. This marks the seventh straight year Clearent has been included on the list. Every year, the Inc. 5000 list recognizes the successes of the most inspiring private companies that are fueling America’s economy.
Headquartered in St. Louis, Clearent has been providing businesses with payment processing and payment solutions since 2005. Their commitment to honesty and transparency, coupled with an unwavering dedication to their employees and merchants, has fueled Clearent’s tremendous growth and contributed to a 159% increase in revenue between 2014 and 2017.
Clearent’s growth through 2016 was 100% organic and can be attributed to the hard work of its sales teams, partners and the company’s differentiated product offerings. Since the 2017 acquisition of Payment Alliance International’s Merchant Services Division, Clearent has acquired three additional companies – SPOT Business Systems, FieldEdge and Compassmax – and experienced significant additional growth as a result.
“We continually invest in our products and capabilities to attract more customers,” said Dan Geraty, CEO of Clearent. “Clearent also has a unique ability to add acquired businesses to its proprietary payments platform. These enhancements and strategic acquisitions, along with the rapid growth of our sales teams, will help drive future growth.”
Clearent is a full-service payments solution provider with more than 500 employees, 45,000 merchants and over $16 billion in processing volume. From traditional point-of-sale terminals, mobile solutions and tablet-based systems to a custom-built virtual terminal, e-commerce plug-ins and hosted payments, Clearent helps small business owners securely accept payments. The company has consistently been named to several prestigious lists year after year, including the Inc. 5000 list of fastest-growing companies, The Nilson Report’s list of top U.S. acquirers, The St. Louis Post-Dispatch Top Workplaces award and the St. Louis Business Journal’s list of fastest-growing private companies. To learn more, visit clearent.com.