PaymentOne Named on Forbes Midas List of High Growth Profitable Companies

Monday 9 February 2004 08:58 CET | News

PaymentOne has been named to the Forbes Midas List of Fast and Furious Companies based on annual revenue growth and profitability.

PaymentOne was one of only three Silicon Valley companies, including Google, based out of Mountain View, which qualified for the Forbes Midas List. Unlike traditional payment processors, PaymentOne credits its success to its strategic approach to payments and innovative alternative payment options that have resulted in significant revenue uplift for its online merchant clients. For the Midas Lists, Forbes searched through nearly 2,500 publicly traded U.S. technology stocks as well as private companies. Forbes looked for organizations with outstanding annualized sales growth as well as consistent year-over-year sales growth of 10% or more in the same period. Forbes also looked for profitable firms with revenues of at least $25 million and sales growth of 10% or better in the latest 12 months.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce