Fifth Award Received by Transactis in the Past Year
New York, NY – June 10th, 2015 – Red Herring recently announced its Top 100 North America award winners in recognition of leading private companies, celebrating these startups’ innovations and technologies across their respective industries. This is the fifth award achieved by Transactis in the past year, including being ranked #420 on the Inc. 500 list, #121 on the Deloitte Technology Fast 500, named to the AlwaysOn OnFinance Top 100 Companies in America, and a 2015 ‘Cool Vendor’ by Gartner.
Red Herring Top 100 America selects the award winners from approximately 1,200 privately financed companies each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.
“In 2015, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the North America winners. We believe Transactis embodies the vision, drive and innovation that define a successful entrepreneurial venture. Transactis should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and addressable market. A review of the track record and standing of startups relative to their sector peers, allowed Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America, complement this assessment of potential.
“Transactis has experienced tremendous growth and we continue to expand our business with world-class clients. Being recognized by Red Herring, Deloitte, Inc. 500, AlwaysOn and Gartner is a huge accomplishment,” said Transactis CEO, Joe Proto. “These awards honor our dedicated team at Transactis and symbolize our continued commitment to outstanding bill presentment and payment technologies that lead the financial technology marketplace.”
Transactis transforms traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with efficient and cost effective digital alternatives. Transactis goes to market exclusively with resellers (financial institutions, technology companies, print and business process outsourcers) to provide their business customers with secure, configurable, white-label, industry-leading SaaS solutions. More than a technology provider to resellers – Transactis is a full service business partner, delivering a broad and deep suite of unmatched sales, marketing, technical and operational support, empowering our resellers to more successfully serve their clients. The Transactis team includes executives, board members and advisors who are seasoned industry experts with decades of experience in the billing and payments industry. Transactis meets the strictest regulatory and compliance requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2. Transactis investors include Metamorphic Ventures, ffVC, StarVest, MacAndrews & Forbes, and Safeguard Scientifics (NYSE:SFE). For more information, please visit www.transactis.com
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. http://www.redherring.com
Laura Mitchell / Transactis
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