Walnut Creek, CA, August 25, 2014 – YapStone, a leading global provider of web and mobile payment solutions, today announced that it has been named to the 2014 Inc. 500|5000, a prestigious list of the fastest growing private companies in America. This is the seventh consecutive year that YapStone has appeared on the list, which ranks companies based on their percentage of revenue growth over the past three years. YapStone is also an Inc. 5000 Honor Roll Honoree, one of only 908 companies listed on the Inc. 5000 five times or more.
YapStone simplifies how consumers pay for everyday expenses such as rent and charitable donations and has experienced rapid growth in the online and mobile payments space. With over $10 billion in transactions processed through YapStone’s payment platform, the Company projects revenue growth of 40% in 2014.
“YapStone’s growth over the past several years has been fueled by people looking to streamline the way they pay for recurring expenses with simple and easy-to-use electronic payment solutions,” said Tom Villante, YapStone’s Chairman and CEO. “We’re honored to be named to the Inc. 500|5000 list again this year, and look forward to continued growth in 2014 and beyond.”
The Inc. 500|5000 list for 2014 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must be U.S. based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. Since Inc. introduced the list in 1982, it has become the hallmark of entrepreneurial success and the place where future household names first make their mark. All 5,000 honoree companies are individually profiled on Inc.com. To view YapStone’s featured profile on Inc.com, visit: www.inc.com/profile/yapstone.
YapStone powers a global web-based and mobile payments platform that is changing the way the world pays. Processing over $10B in payments annually, the company’s platform powers online marketplaces, including HomeAway™ and VRBO™, and provides end-to-end transaction solutions for third-party developers. Additionally, through its own payment solutions, RentPayment and ParishPay™, YapStone simplifies how people pay for everyday expenses including rent and charitable donations. Founded in 1999, YapStone has offices in San Francisco Bay, Santa Monica, CA and Drogheda, Ireland. In 2011, Accel Partners and Meritech Capital Partners made a minority investment of $50 million in the Company. In 2013, YapStone was named to Forbes’ List of America’s 100 Most Promising Companies and has been named to the Inc. 5000 List of America’s Fastest Growing Private Companies for seven consecutive years.